PIMCO Income Strategy Fund (NYSE:PFL) and PIMCO Income Strategy Fund II (NYSE:PFN) announced that the Funds' annual Shareholder Meetings for the 2011-2012 fiscal year will be held jointly on Tuesday, July 31, 2012 at 10:30 A.M. The Funds' last proxy statement, dated November 12, 2010, previously indicated that the meetings were anticipated to be held in December 2011.

PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC.

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