Common use of Supervisory and Administrative Services Clause in Contracts

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Funds’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/DirectorsParent Company, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services, if any. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the custodianany custodian and recordkeeping agent, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; and monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the interests in the Fund, if applicable. (ii) PIMCO shall provide, or cause a third party to provide, each Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund as may be required by applicable federal federal, state or state foreign law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other any documents with the SEC and other federal federal, state and state foreign or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fundthe Parent Company’s registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (viivi) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the investment adviser, the sub-administrator, custodian, transfer agent, dividend disbursement agent and disbursing agent, securities lending agent, recordkeeping agent (including agent, valuation or pricing and valuation of the Fund)agents, accountants, attorneys, auction agents, and other parties performing services or operational functions for the each Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO the GXMC shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, provide each FundFunds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the Fund, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of the Trust and each Fund as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Agreement. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund Fund, as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of the Shares of each Fund’s Shares Fund in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s registration statementsstatement, shareholder reports, proxy statements, reports to securities exchanges statements and similar regulatory documents, and Fund each Fund’s proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fundthe Trust’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, provide each Fund with administrative services to shareholdersfor shareholders of the Funds, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by GXMC personnel to databases to assist with shareholder inquiries and reports; maintenance of privacy protection systems and procedures. ; oversight of anti-money laundering monitoring systems and procedures; anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of shareholder. (ix) Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate the provision of any of these services to third parties (including other financial institutions) with respect to shareholders that have relationships with such third parties, except for any services provided pursuant to the Distribution Agreement, Rule 12b-1 Plan and related agreements and the Investment Advisory Agreement.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Agreement. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing shares of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s Shares the Funds’ shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 38a-l under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program, as well as maintenance of a vendor management program designed to manage the risks of the service provider relationships entered into by the Funds, or by the Administrator on their behalf. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholdersshareholders as necessary, including: : (1) the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by Aristotle representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and; (2) associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Fund’s Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the followingfollowing for the Fund: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the Fund. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or the Fund (in either case, a “third party”) to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Xxxxxxxx-Xxxxx Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each the Fund with administrative services to shareholders, as necessary, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fundthe Funds, but not including underwriting or the distribution servicesservices provided by the Distributor pursuant to its Distribution Contract with the Trust. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s the Funds’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholders, including: the maintenance of a shareholder information telephone numbercall center; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; and maintenance of privacy protection systems and procedures; and oversight of anti-money laundering monitoring systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iiii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Agreement. (iviii) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (viv) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (viv) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing shares of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s Shares the Funds’ shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (viivi) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 38a-l under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program, as well as maintenance of a vendor management program designed to manage the risks of the service provider relationships entered into by the Funds, or by the Administrator on their behalf. (viiivii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholdersshareholders as necessary, including: : (1) the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by Aristotle representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and; (2) associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the followingfollowing for each Fund: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) Shares of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c-3 under the 1940 Act with respect to operations as an “interval fund,” the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each provide the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; repurchase fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Portfolios, including any necessary coordination among the investment adviser or advisers to the Portfolios, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundPortfolios), insurance companies, accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundPortfolios. In connection with the supervision of the pricing and valuation of each Fundthe Portfolios, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the Funda Portfolio. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Portfolios, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Portfolios as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundPortfolios, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws, state insurance laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Portfolios as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Portfolios required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Portfolios or other appropriate parties as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Portfolios and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Portfolios’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Portfolios’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund Portfolio proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Portfolios as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities and insurance commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Portfolios’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Portfolios with administrative services to shareholders, including: the maintenance of a as necessary, shareholder information telephone numbertransaction processing; the provision of certain statistical information and performance of the FundPortfolios; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and reports; maintenance of privacy protection systems and procedures; oversight of anti-money laundering monitoring systems and procedures; anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Portfolios or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the followingfollowing for the Fund: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each the Fund with administrative services to shareholders, as necessary, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general --------------------------------------- supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“"Shares”") of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each Fund, at PIMCO’s 's expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s 's expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s 's Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s 's registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s 's Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s 's Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the investment adviser or advisers to the Fund, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each provide the Fund, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the Fund, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each the Fund and the Fund as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Management Agreement. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each the Fund’s ’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each the Fund’s ’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s ’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each provide the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website (if requested)website; access by SIA representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Portfolios, including any necessary coordination among the investment adviser or advisers to the Portfolios, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundPortfolios), insurance companies, accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundPortfolios. In connection with the supervision of the pricing and valuation of each Fundthe Portfolios, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the Funda Portfolio. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Portfolios, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Portfolios as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundPortfolios, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws, state insurance laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Portfolios as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Portfolios required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Portfolios or other appropriate parties as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Portfolios and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Portfolios’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Portfolios’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund Portfolio proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Portfolios as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities and insurance commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Portfolios’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Portfolios with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbertransaction processing; the provision of certain statistical information and performance of the FundPortfolios; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Portfolios or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) Shares of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c-3 under the 1940 Act with respect to operations as an “interval fund,” the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each provide the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption or repurchase fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/DirectorsParent Company, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services, if any. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the custodianany custodian and recordkeeping agent, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; and monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the interests in the Fund, if applicable. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or the Fund (in either case, a “third party”) to provide, each Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund as may be required by applicable federal federal, state or state foreign law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of any such registration statements statement and other documents with the SEC and other federal federal, state and state foreign or other regulatory authorities, securities exchanges exchanges, and self-regulatory organizations as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fundthe Parent Company’s registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (viivi) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable U.S. and foreign law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/DirectorsParent Company, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services, if any. (a) The supervisory and administrative services to be provided by PIMCO shall include the followingfollowing for the Fund: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodianany custodian and recordkeeping agent, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; and monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the interests in the Fund, if applicable. (ii) PIMCO shall provide, or cause a third party to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal federal, state or state foreign law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other any documents with the SEC and other federal federal, state and state foreign or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register qualify the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fundthe Parent Company’s registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (viivi) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable U.S. and foreign law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative services and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the each Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the Fund. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or each Fund (in either case, a “third party”) to provide, each Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the each Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the each Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a each Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange exchange, if any, and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Xxxxxxxx-Xxxxx Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c-3 under the 1940 Act with respect to operations as an “interval fund,” the Commodity Futures Trading Commission, securities exchanges on which the each Fund’s Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the each Fund; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; repurchase fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of each Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative services and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution servicesthe Company. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fundthe Company, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the FundCompany), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the FundCompany. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or the Company (in either case, a “third party”) to provide, each Fundthe Company, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Company as contemplated in this Agreement as well as provide, or cause a third party to provide, the FundCompany, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Company as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Company required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a Fund the Company in nominee name or shareholders of each Fund the Company as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each Fundthe Company, if applicable, maintain the listing of the Shares of each Fund the Company that are listed for trading on a securities exchange exchange, if any, and qualify each Fund the Company to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fundthe Company’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.and

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds and Subsidiaries, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds or Subsidiaries. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Funds’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds and Subsidiaries as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program, as well as maintenance of a vendor management program designed to manage the risks of the service provider relationships entered into by the Funds and Subsidiaries, or by the Administrator on their behalf. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/DirectorsParent Company, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services, if any. (a) The supervisory and administrative services to be provided by PIMCO shall include the followingfollowing for each Fund: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodianany custodian and recordkeeping agent, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) of the interests in the Fund, if applicable. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or the Fund (in either case, a “third party”) to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal federal, state or state foreign law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of any such registration statements statement and other documents with the SEC and other federal federal, state and state foreign or other regulatory authorities, securities exchanges exchanges, and self-regulatory organizations as may be required to register qualify the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fundthe Parent Company’s registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (viivi) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable U.S. and foreign law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative services and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) Shares of the Fund. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or the Fund (in either case, a “third party”) to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Xxxxxxxx-Xxxxx Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c-3 under the 1940 Act with respect to operations as an “interval fund,” the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; repurchase fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Funds’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholders, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Company and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Management Agreement. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Company to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Funds’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by SIA representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“"Shares”") of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each Fund, at PIMCO’s 's expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s 's expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange and qualify each Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s 's Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s 's registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s 's Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s 's Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund with administrative services to shareholders, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the Fund; an internet website (if requested); and maintenance of privacy protection systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCO’s the Administrator's expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCO’s the Administrator's expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Funds' Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds' registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds' Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fundthe Funds, but not including underwriting or the distribution servicesservices provided by the Distributor pursuant to its Distribution Contract with the Trust. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCO’s PIMCOs expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCO’s PIMCOs expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s the Funds Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 38a1 under the 1940 Act, support of each Fund’s the Funds Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholders, including: the maintenance of a shareholder information telephone numbercall center; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; and maintenance of privacy protection systems and procedures; and oversight of antimoney laundering monitoring systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) Shares of the Fund. (ii) PIMCO shall provide, or cause a third party to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c-3 under the 1940 Act with respect to operations as an “interval fund,” the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each provide the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website website; access by PIMCO representatives to databases to assist with shareholder inquiries and reports; oversight of anti-money laundering monitoring systems and procedures; redemption or repurchase fee application and monitoring systems (if requestedapplicable); and maintenance processing of privacy protection systems and proceduresclient registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fundthe Funds, but not including underwriting or the distribution servicesservices provided by the Distributor pursuant to its Distribution Contract with the Trust. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCO’s 's expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCO’s 's expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s the Funds' Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds' registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds' Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholders, including: the maintenance of a shareholder information telephone numbercall center; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; and maintenance of privacy protection systems and procedures; and oversight of anti-money laundering monitoring systems and procedures. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third parties.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Funds, including any necessary coordination among the investment adviser or advisers to the Funds, the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundFunds), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundFunds. In connection with the supervision of the pricing and valuation of each Fundthe Funds, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the a Fund. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Funds, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Funds as contemplated in this Agreement as well as provide, or cause a third party to provide, provide the FundFunds, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for to ensure compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Funds as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Funds required by applicable law. (v) PIMCO or an appointed third party The Administrator shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund in nominee name or shareholders of each Fund the Funds as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicablelaw. (vi) PIMCO or an appointed third party The Administrator shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Funds and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Funds’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, take such other action with respect to each Fund the Funds as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Funds’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund provide the Funds with administrative services to shareholders, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the FundFunds; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and reports; maintenance of privacy protection systems and procedures; oversight of anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Funds or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each the Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) Shares of the Fund. (ii) PIMCO shall provide, or cause a third party that is either affiliated or unaffiliated with PIMCO or the Fund (in either case, a “third party”) to provide, each the Fund, at PIMCO’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each the Fund’s Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Xxxxxxxx-Xxxxx Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each the Fund’s registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c-3 under the 1940 Act with respect to operations as an “interval fund,” the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each the Fund’s Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO shall provide, or cause a third party to provide, each the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection anti-money laundering monitoring systems and procedures; repurchase fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) . The supervisory and administrative services to be provided by PIMCO shall include the following: (i) following for each Fund: PIMCO shall supervise and coordinate matters relating to the operation of each the Fund, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent and recordkeeping agent (including pricing and valuation of the Fund), accountants, attorneys, auction agents, and other parties performing services or operational functions for the Fund. In connection with the supervision of the pricing and valuation of each the Fund, PIMCO shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares of beneficial interest (“Shares”) Shares of the Fund. (ii) . PIMCO shall provide, or cause a third party to provide, each the Fund, at PIMCO’s PIMCOs expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund as contemplated in this Agreement as well as provide, or cause a third party to provide, the Fund, at PIMCO’s PIMCOs expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) . PIMCO shall maintain or supervise the maintenance by third parties of such books and records of each the Fund as may be required by applicable federal or state law. (iv) . PIMCO shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each the Fund required by applicable law. (v) . PIMCO or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares Shares of a the Fund in nominee name or shareholders of each the Fund as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) . PIMCO or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory selfregulatory organizations as may be required to register the Shares of each the Fund, maintain the listing of the Shares of each the Fund that are listed for trading on a securities exchange exchange, if any, and qualify each the Fund to do business or as otherwise required by applicable law. PIMCO shall maintain registration of each Fund’s the Funds Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Funds registration statements, shareholder reports, proxy statements, reports to securities exchanges exchanges, if applicable, and similar regulatory documents, and Fund proxy voting information. (vii) . PIMCO shall take, or cause a third party to take, such other action with respect to each the Fund as may be required by applicable law, including without limitation the rules and regulations of the SEC, including Rule 23c3 under the 1940 Act with respect to operations as an interval fund, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Funds Shares are may be listed for trading, if any, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, establishment and maintenance of a compliance program in accordance with Rule 38a-1 38a1 under the 1940 Act, support of each Fund’s the Funds Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) . PIMCO shall provide, or cause a third party to provide, each provide the Fund with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone numbercall center; shareholder transaction processing; the provision of certain statistical information and performance of the Fund; an a web servicing platform and internet website (if requested)website; access by PIMCO representatives to databases to assist with shareholder inquiries and maintenance reports; oversight of privacy protection antimoney laundering monitoring systems and procedures; repurchase fee application and monitoring systems (if applicable); antimarket timing monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO may procure or delegate provision of these services to third partiesparties with respect to particular classes of the Fund or particular shareholders that have relationships with other financial intermediaries that perform similar services.

Supervisory and Administrative Services. Subject to the general supervision of the Board of Trustees/Directors, PIMCO shall provide or cause to be furnished all supervisory and administrative and other These services reasonably necessary for the operation of each Fund, but not including underwriting or distribution services. (a) The supervisory and administrative services to be provided by PIMCO shall include the following: (i) PIMCO The Administrator shall supervise and coordinate matters relating to the operation of each Fundthe Portfolios, including any necessary coordination among the custodian, transfer agent, dividend disbursement agent disbursing agent, and recordkeeping agent (including pricing and valuation of the FundPortfolios), accountants, attorneys, auction agents, and other parties performing services or operational functions for the FundPortfolios. In connection with the supervision of the pricing and valuation of each Fundthe Portfolios, PIMCO the Administrator shall establish such systems and procedures as are necessary to carry out this function, including systems and procedures relating to defaulted securities; forensic reporting and monitoring of securities and derivatives pricing, including checks and balances against internal models and external pricing services; tracking and reviewing fair valued securities; supervising pricing vendors; monitoring for significant events occurring after the close of trading that may affect the value of portfolio holdings; and establishing net asset value estimation processes in the event the custodian cannot produce a net asset value for shares Shares of beneficial interest (“Shares”) of the Funda Portfolio. (ii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fundprovide the Portfolios, at PIMCOthe Administrator’s expense, with adequate personnel, office space, communications facilities, and other facilities necessary for the effective supervision and administration of the Fund Portfolios as contemplated in this Agreement as well as provide, or cause a third party to provide, the FundPortfolios, at PIMCOthe Administrator’s expense, with the services of a sufficient number of persons competent to perform such supervisory and administrative and clerical functions as are necessary for compliance with federal securities laws and other applicable laws. (iii) PIMCO The Administrator shall maintain or supervise the maintenance by third parties of such books and records of each Fund the Trust and the Portfolios as may be required by applicable federal or state law, other than the records and ledgers maintained under the Investment Advisory Contract and the Distribution Contract. (iv) PIMCO The Administrator shall prepare or supervise the preparation by third parties of all federal, state, local, and foreign tax returns and reports of each Fund the Portfolios required by applicable law. (v) PIMCO The Administrator or an appointed third party shall prepare, file, and arrange for the distribution of proxy materials and periodic reports to financial intermediaries who hold shares of a Fund the Portfolios in nominee name or shareholders of each Fund the Portfolios as required by applicable law and/or as agreed to with such financial intermediary or shareholder, as applicable. (vi) PIMCO The Administrator or an appointed third party shall prepare and arrange for the filing of such registration statements and other documents with the SEC and other federal and state or other regulatory authorities, securities exchanges and self-regulatory organizations authorities as may be required to register the Shares of each Fund, maintain the listing of the Shares of each Fund that are listed for trading on a securities exchange Portfolios and qualify each Fund the Trust to do business or as otherwise required by applicable law. PIMCO The Administrator shall maintain registration of each Fund’s the Portfolios’ Shares in such other jurisdictions as it deems necessary and appropriate. PIMCO The Administrator shall maintain a review and certification program and internal controls and procedures in accordance with relevant provisions of the Sarbanes Oxley Act of 2002 as applicable to registered investment companies. PIMCO The Administrator shall maintain systems necessary to provide or procure required disclosure in each Fund’s the Portfolios’ registration statements, shareholder reports, proxy statements, reports to securities exchanges and similar regulatory documents, and Fund Portfolio proxy voting information. (vii) PIMCO The Administrator shall take, or cause a third party to take, such other action with respect to each Fund the Portfolios as may be required by applicable law, including without limitation the rules and regulations of the SEC, the Commodity Futures Trading Commission, securities exchanges on which the Fund’s Shares are listed for trading, state securities commissions and other governmental and regulatory agencies. Such actions shall include, but are not limited to, : establishment and maintenance of a compliance program in accordance with Rule 38a-1 under the 1940 Act, support of each Fund’s the Portfolios’ Chief Compliance Officer, and systems and procedures necessary to effectuate the compliance program. (viii) PIMCO The Administrator shall provide, or cause a third party to provide, each Fund the Portfolios with administrative services to shareholdersshareholders as necessary, including: the maintenance of a shareholder information telephone number; the provision of certain statistical information and performance of the FundPortfolios; an internet website (if requested); access by PIMCO representatives to databases to assist with shareholder inquiries and reports; maintenance of privacy protection systems and procedures; oversight of anti-money laundering monitoring systems and procedures; redemption fee application and monitoring systems (if applicable); anti-market timing monitoring systems and procedures, including (if applicable) implementation of shareholder information agreements under Rule 22c-2 under the 1940 Act and associated monitoring systems and procedures; and processing of client registration applications. Notwithstanding the foregoing, PIMCO the Administrator may procure or delegate provision of these services to third partiesparties with respect to particular classes of Shares of the Portfolios or particular shareholders that have relationships with other financial intermediaries that perform similar services.