dynamicincomefund

Consolidated Schedule of Investments PIMCO Dynamic Income Fund

March 31, 2023

(Unaudited)


(AMOUNTS IN THOUSANDS*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)
		PRINCIPAL AMOUNT (000s)		MARKET VALUE (000s)
INVESTMENTS IN SECURITIES 168.4% ¤
LOAN PARTICIPATIONS AND ASSIGNMENTS 37.7%
American Airlines, Inc. 9.558% (LIBOR03M + 4.750%) due 04/20/2028 ~	$	8,697	$	8,844
AP Core Holdings LLC 10.340% (LIBOR01M + 5.500%) due 09/01/2027 ~		6,389		6,232
Carnival Corp. 6.655% (EUR001M + 3.750%) due 06/30/2025 ~	EUR	22,446		24,038
Casino Guichard Perrachon SA 6.298% (EUR003M + 4.000%) due 08/31/2025 ~		3,200		2,617
Cengage Learning, Inc. 9.880% (LIBOR03M + 4.750%) due 07/14/2026 ~	$	4		3
Comexposium
TBD% - 4.414% (EUR003M + 3.250%) due 03/28/2025 ~	EUR	7,874		7,258
4.969% (EUR012M + 4.000%) due 03/28/2026 ~		64,126		59,113
Cromwell EREIT Lux Finco SARL 3.949% (EUR003M + 1.500%) due 11/21/2024 «~		2,000		2,027
Diamond Offshore Drilling, Inc. TBD% due 04/22/2027	$	8,500		7,912
Diamond Sports Group LLC 12.775% (LIBOR03M + 8.150%) due 05/25/2026 ~		55,622		52,493
DirecTV Financing LLC 9.840% (LIBOR01M + 5.000%) due 08/02/2027 ~		3,460		3,338
Encina Private Credit LLC TBD% - 9.155% (LIBOR01M + 4.470%) due 11/30/2025 «~µ		8,919		8,639
Envision Healthcare Corp.
12.701% due 04/29/2027		52,123		51,602
16.326% due 04/28/2028		124,995		93,017
Exgen Texas Power LLC 11.533% (LIBOR03M + 6.750%) due 10/08/2026 «~		60,819		61,123
Forbes Energy Services LLC TBD% due 06/30/2023 «		2,666		0
Gateway Casinos & Entertainment Ltd.
12.803% due 10/15/2027		89,065		88,286
13.073% due 10/18/2027	CAD	19,431		14,252
Gibson Brands, Inc. 9.919% (LIBOR03M + 5.000%) due 08/11/2028 ~	$	3,358		2,690
GIP Blue Holding LP 9.659% (LIBOR03M + 4.500%) due 09/29/2028 ~		5		5
Instant Brands Holdings, Inc. 9.953% (LIBOR03M + 5.000%) due 04/12/2028 ~		3,716		1,479
Intelsat Jackson Holdings SA 9.082% due 02/01/2029		32,474		32,203
Ivanti Software, Inc. 9.212% (LIBOR03M + 4.250%) due 12/01/2027 ~		25,638		21,145
Lealand Finance Co. BV 7.840% (LIBOR01M + 3.000%) due 06/28/2024 ~		385		284
Lealand Finance Co. BV (5.840% Cash and 3.000% PIK) 8.840% (LIBOR01M + 1.000%) due 06/30/2025 ~(c)		5,815		3,922
LifeMiles Ltd. 10.203% (LIBOR03M + 5.250%) due 08/30/2026 ~		15,551		14,676
Market Bidco Ltd.
7.357% (EUR002M + 4.750%) due 11/04/2027 ~	EUR	22,200		20,317
9.427% due 11/04/2027	GBP	35,796		39,172
Mediapro TBD% due 07/29/2027	EUR	29,900		31,778
MPH Acquisition Holdings LLC 9.203% (LIBOR03M + 4.250%) due 09/01/2028 ~	$	9,850		8,465
NAC Aviation 29 DAC 6.945% due 06/30/2026		4,962		4,292
Naked Juice LLC 10.998% due 01/24/2030		1,300		997
Oi SA 1.750% (LIBOR06M + 1.750%) due 02/26/2035 ~		3,128		245
Poseidon Bidco SASU 8.265% (EUR003M + 5.250%) due 07/14/2028 «~	EUR	51,900		54,597
Preylock Reitman Santa Cruz Mezz LLC TBD% - 10.444% due 11/09/2023 «(j)	$	37,100		36,850
Profrac Services LLC TBD% - 12.420% due 03/04/2025		90,371		89,919
Project Anfora Senior 5.078% (EUR003M + 2.750%) due 10/01/2026 «~(j)	EUR	35,069		37,112
Project Quasar Pledgco SLU TBD% - 5.896% (EUR001M + 3.250%) due 03/15/2026 «~		18,388		19,169

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Promotora de Informaciones SA
7.555% (EUR003M + 5.250%) due 12/31/2026 ~		110,728	111,579
7.750% (EUR003M + 5.000%) due 06/30/2026 «~		15,200	16,400
Promotora de Informaciones SA (5.305% Cash and 5.000% PIK) 10.305% (EUR003M + 5.250%) due 06/30/2027 ~(c)		10,738	10,636
PUG LLC
8.340% (LIBOR01M + 3.500%) due 02/12/2027 ~	$	20,262	14,791
9.090% (LIBOR01M + 4.250%) due 02/12/2027 «~		1,478	1,067
Quantum Bidco Ltd. 10.129% due 01/29/2028	GBP	16,500	18,294
Radiate Holdco LLC 8.090% (LIBOR01M + 3.250%) due 09/25/2026 ~	$	20,458	16,824
Redstone Holdco 2 LP
9.568% (LIBOR03M + 4.750%) due 04/27/2028 ~		13,512	10,683
12.565% (LIBOR03M + 7.750%) due 04/27/2029 ~		2,000	1,164
RegionalCare Hospital Partners Holdings, Inc. 8.575% (LIBOR03M + 3.750%) due 11/16/2025 ~		260	248
Republic of Cote d'lvoire 7.985% (EUR006M + 5.000%) due 03/19/2027 «~	EUR	800	820
Rising Tide Holdings, Inc.
9.703% (LIBOR03M + 4.750%) due 06/01/2028 ~	$	16,942	10,324
13.203% (LIBOR03M + 8.250%) due 06/01/2029 ~		2,626	726
SCUR-Alpha 1503 GmbH
TBD% due 03/30/2030		25,300	22,264
TBD% due 03/30/2030	EUR	16,200	15,461
Sierra Hamilton LLC 15.000% due 09/12/2023 «	$	7	7
Sigma Bidco BV 6.239% (EUR006M + 3.500%) due 07/02/2025 ~	EUR	690	703
Softbank Vision Fund 5.000% due 12/21/2025 «	$	36,625	34,485
Steenbok Lux Finco 2 SARL 10.000% (LIBOR06M + 10.000%) due 06/30/2023 ~	EUR	46,327	22,201
Steenbok Lux Finco 2 SARL (10.750% PIK) 10.750% (EUR006M) due 06/30/2023 ~(c)		121,831	87,203
Sunseeker TBD% - 5.550% (LIBOR06M + 5.500%) due 10/31/2028 «~	$	25,100	23,670
Syniverse Holdings, Inc. 11.898% due 05/13/2027		113,045	100,645
Team Health Holdings, Inc. 7.590% (LIBOR01M + 2.750%) due 02/06/2024 ~		62,781	53,992
Telemar Norte Leste SA
1.750% (LIBOR06M + 1.750%) due 02/26/2035 ~		41,251	3,236
1.750% due 02/26/2035		38,115	2,990
U.S. Renal Care, Inc.
9.875% (LIBOR01M + 5.000%) due 06/26/2026 ~		92,652	63,351
10.375% (LIBOR01M + 5.500%) due 06/26/2026 ~		11,037	7,547
Veritas U.S., Inc. 9.840% (LIBOR01M + 5.000%) due 09/01/2025 ~		42,958	32,851
Viad Corp. 9.922% due 07/30/2028		3,743	3,584
Westmoreland Mining Holdings LLC (15.000% PIK) 15.000% due 03/15/2029 (c)		24,432	18,406
Windstream Services LLC
TBD% - 11.157% due 09/21/2027 «		14,201	12,923
8.807% due 02/23/2027 «		46,280	43,040

Total Loan Participations and Assignments (Cost $1,903,849)			1,672,226

CORPORATE BONDS & NOTES 33.0%
BANKING & FINANCE 10.7%
ADLER Group SA
1.875% due 01/14/2026	EUR	16,300	7,071
2.250% due 04/27/2027		11,000	4,563
2.750% due 11/13/2026		1,500	641
ADLER Real Estate AG
1.875% due 04/27/2023		600	599
2.125% due 02/06/2024		5,900	5,669
3.000% due 04/27/2026		1,700	1,358
Agps Bondco PLC
1.500% due 07/26/2024		600	448
2.250% due 01/14/2029		400	159
3.250% due 08/05/2025		9,800	4,304
Ambac Assurance Corp. 5.100% due 12/31/2099 (i)	$	185	272
Armor Holdco, Inc. 8.500% due 11/15/2029 (l)		5,100	4,157
Banca Monte dei Paschi di Siena SpA
1.875% due 01/09/2026 (l)	EUR	28,732	26,808
2.625% due 04/28/2025 (l)		27,530	27,292
3.625% due 09/24/2024 (l)		24,019	24,809
7.677% due 01/18/2028 •		33,989	31,043
8.000% due 01/22/2030 •		8,451	8,205
8.500% due 09/10/2030 •		4,762	4,637

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


10.500% due 07/23/2029 (l)		23,185	24,421
Banco de Credito del Peru SA 4.650% due 09/17/2024	PEN	6,500	1,627
BOI Finance BV 7.500% due 02/16/2027 (l)	EUR	10,000	8,439
CIFI Holdings Group Co. Ltd.
4.375% due 04/12/2027 ^(d)	$	400	85
4.450% due 08/17/2026 ^(d)		300	63
5.250% due 05/13/2026 ^(d)		200	42
Claveau Re Ltd. 21.934% (T-BILL 3MO + 17.250%) due 07/08/2028 ~(l)		8,500	6,405
Corestate Capital Holding SA
1.375% due 11/28/2049 ^	EUR	9,900	1,718
3.500% due 04/15/2023 ^(d)		1,300	234
Corsair International Ltd.
7.772% due 01/28/2027 •		4,900	5,234
8.122% due 01/28/2029 •		2,100	2,232
Cosaint Re Pte. Ltd. 14.200% (T-BILL 1MO + 9.250%) due 04/03/2028 ~	$	593	453
Country Garden Holdings Co. Ltd.
2.700% due 07/12/2026		200	111
3.125% due 10/22/2025 (l)		1,200	696
3.875% due 10/22/2030 (l)		800	372
4.800% due 08/06/2030		200	99
6.150% due 09/17/2025 (l)		1,000	647
8.000% due 01/27/2024		200	174
Credit Suisse AG
0.250% due 01/05/2026	EUR	200	193
1.250% due 08/07/2026	$	250	212
3.716% (EUR003M + 1.000%) due 09/01/2023 ~	EUR	500	537
3.928% (EUR003M + 1.230%) due 05/31/2024 ~		550	583
4.750% due 08/09/2024	$	250	243
5.072% (SOFRRATE + 0.390%) due 02/02/2024 ~		450	437
7.500% due 02/15/2028 (l)		10,250	10,891
Credit Suisse AG AT1 Claim ^		5,860	337
Credit Suisse Group AG
0.650% due 01/14/2028 •	EUR	300	271
0.650% due 09/10/2029		100	81
1.000% due 06/24/2027 •		100	94
1.250% due 07/17/2025 •		200	203
2.125% due 09/12/2025 •	GBP	200	228
2.125% due 10/13/2026 •	EUR	200	198
2.125% due 11/15/2029 •	GBP	100	98
2.250% due 06/09/2028 •		100	103
2.875% due 04/02/2032 •	EUR	950	861
3.091% due 05/14/2032 •(l)	$	1,000	806
3.250% due 04/02/2026 •	EUR	500	513
3.288% (EUR003M + 1.000%) due 01/16/2026 ~		1,400	1,416
4.194% due 04/01/2031 •(l)	$	1,750	1,558
6.373% due 07/15/2026 •		450	436
6.442% due 08/11/2028 •(l)		1,000	994
6.442% due 08/11/2028 •		300	298
6.537% due 08/12/2033 •(l)		4,900	5,047
7.000% due 09/30/2027 •	GBP	300	372
7.750% due 03/01/2029 •	EUR	2,400	2,850
9.016% due 11/15/2033 •(l)	$	1,000	1,187
Doric Nimrod Air Alpha Pass-Through Trust 5.250% due 05/30/2025		25	25
Fairfax India Holdings Corp. 5.000% due 02/26/2028 (l)		12,350	10,820
FloodSmart Re Ltd.
18.270% (T-BILL 3MO + 13.000%) due 03/01/2024 ~		6,084	5,765
22.020% (T-BILL 3MO + 16.750%) due 03/01/2024 ~(l)		1,737	1,533
HSBC Holdings PLC 6.254% due 03/09/2034 •(l)		800	837
Huarong Finance Co. Ltd.
3.375% due 02/24/2030 (l)		1,800	1,226
3.875% due 11/13/2029 (l)		1,200	834
4.250% due 11/07/2027		200	155
4.500% due 05/29/2029 (l)		1,100	798
4.750% due 04/27/2027 (l)		1,200	971
4.950% due 11/07/2047		800	484
Jefferson Capital Holdings LLC 6.000% due 08/15/2026 (l)		10,933	9,289
National Health Investors, Inc. 3.000% due 02/01/2031 (l)		200	151
Preferred Term Securities Ltd. 5.246% (US0003M + 0.380%) due 09/23/2035 ~		59	58
Sanders Re Ltd. 16.434% (T-BILL 3MO + 11.750%) due 04/09/2029 ~		11,610	10,608
Seazen Group Ltd.
4.450% due 07/13/2025		200	131
6.000% due 08/12/2024		200	152
6.150% due 04/15/2023		200	196
Sunac China Holdings Ltd. 7.000% due 07/09/2025 ^(d)		600	145

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


SVB Financial Group
1.800% due 02/02/2031 ^(d)		9,346	5,336
2.100% due 05/15/2028 ^(d)		1,200	722
3.125% due 06/05/2030 ^(d)		1,600	930
3.500% due 01/29/2025 ^(d)		700	442
4.000% due 05/15/2026 ^(d)(i)		1,600	107
4.345% due 04/29/2028 ^(d)		3,916	2,383
4.570% due 04/29/2033 ^(d)		12,400	7,203
Toll Road Investors Partnership LP 0.000% due 02/15/2043 (g)(l)		31,012	8,574
Unique Pub Finance Co. PLC
5.659% due 06/30/2027 (l)	GBP	913	1,116
7.395% due 03/28/2024		2,493	3,061
Uniti Group LP
6.000% due 01/15/2030 (l)	$	57,451	33,681
6.500% due 02/15/2029 (l)		9,015	5,510
10.500% due 02/15/2028 (l)		25,502	24,760
Veraison Re Ltd. 16.684% (T-BILL 1MO + 12.000%) due 03/10/2031 ~		4,600	4,696
Voyager Aviation Holdings LLC 8.500% due 05/09/2026 (l)		122,450	96,736

			475,569

INDUSTRIALS 18.1%
Altice Financing SA 5.750% due 08/15/2029 (l)		15,830	12,599
American Airlines Pass-Through Trust
3.375% due 11/01/2028 (l)		626	545
3.700% due 04/01/2028 (l)		748	687
Arches Buyer, Inc. 4.250% due 06/01/2028 (l)		1,100	920
British Airways Pass-Through Trust 4.250% due 05/15/2034		53	50
Buffalo Thunder Development Authority 0.000% due 11/15/2029 «(j)		2,483	2
Carvana Co. 10.250% due 05/01/2030		18,300	10,435
CGG SA
7.750% due 04/01/2027 (l)	EUR	38,535	35,627
8.750% due 04/01/2027 (l)	$	56,461	47,142
Community Health Systems, Inc.
5.250% due 05/15/2030 (l)		3,400	2,670
8.000% due 03/15/2026 (l)		3,317	3,209
Constellation Oil Services Holding SA (3.000% Cash or 4.000% PIK) 3.000% due 12/31/2026 (c)		228	135
CVS Pass-Through Trust 7.507% due 01/10/2032 (l)		1,747	1,884
DISH DBS Corp.
5.250% due 12/01/2026 (l)		17,440	13,948
5.750% due 12/01/2028 (l)		25,200	18,853
DISH Network Corp. 11.750% due 11/15/2027 (l)		9,200	8,934
DTEK Energy BV (3.500% Cash and 4.000% PIK) 7.500% due 12/31/2027 (c)		45,793	13,537
Dufry One BV 3.625% due 04/15/2026	CHF	3,000	3,102
Endurance International Group Holdings, Inc. 6.000% due 02/15/2029 (l)	$	14,296	9,674
Exela Intermediate LLC 11.500% due 07/15/2026 (l)		697	91
Gazprom PJSC Via Gaz Capital SA
7.288% due 08/16/2037		300	249
8.625% due 04/28/2034		1,081	1,016
Intelsat Jackson Holdings SA 6.500% due 03/15/2030 (l)		129,139	118,709
Inter Media & Communication SpA 6.750% due 02/09/2027 (l)	EUR	10,250	10,438
Iris Holdings, Inc. (8.750% Cash or 9.500% PIK) 8.750% due 02/15/2026 (c)(l)	$	1,900	1,756
Market Bidco Finco PLC 4.750% due 11/04/2027 (l)	EUR	6,600	5,570
Noble Corp. PLC (11.000% Cash or 15.000% PIK)
11.000% due 02/15/2028 (c)	$	3,749	4,124
11.000% due 02/15/2028 (c)(l)		1,579	1,736
Odebrecht Oil & Gas Finance Ltd. 0.000% due 05/01/2023 (g)(i)		5,220	5
Olympus Water U.S. Holding Corp. 5.375% due 10/01/2029 (l)	EUR	2,200	1,764
Prime Healthcare Services, Inc. 7.250% due 11/01/2025 (l)	$	1,791	1,586
Prosus NV
2.031% due 08/03/2032	EUR	500	389
2.778% due 01/19/2034		900	724
QVC, Inc. 5.950% due 03/15/2043 (l)	$	3,234	1,176

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Russian Railways Via RZD Capital PLC 7.487% due 03/25/2031 ^(d)	GBP	200	190
Times Square Hotel Trust 8.528% due 08/01/2026	$	2,059	2,049
Topaz Solar Farms LLC
4.875% due 09/30/2039 (l)		15,838	13,074
5.750% due 09/30/2039 (l)		72,052	68,483
U.S. Renal Care, Inc. 10.625% due 07/15/2027 (l)		33,858	8,945
Valaris Ltd. (8.250% Cash or 12.000% PIK) 8.250% due 04/30/2028 (c)(l)		7,932	8,058
Vale SA 3.202% due 12/29/2049 ~(i)	BRL	830,470	58,058
Veritas U.S., Inc. 7.500% due 09/01/2025 (l)	$	27,985	21,094
Viking Cruises Ltd. 13.000% due 05/15/2025 (l)		41,902	44,297
Viking Ocean Cruises Ship Ltd. 5.625% due 02/15/2029 (l)		7,400	6,359
Wesco Aircraft Holdings, Inc. 10.500% due 11/15/2026		2,377	2,115
Wesco Aircraft Holdings, Inc. (7.500% Cash and 3.000% PIK) 10.500% due 11/15/2026 (c)(l)		202,913	180,592
Windstream Escrow LLC 7.750% due 08/15/2028 (l)		64,273	52,704
Yellowstone Energy LP 5.750% due 12/31/2026 «		2,037	2,050

			801,354

UTILITIES 4.2%
Eskom Holdings SOC Ltd. 6.750% due 08/06/2023 (l)		52,880	52,573
FEL Energy SARL 5.750% due 12/01/2040 (l)		15,245	12,591
Gazprom PJSC via Gaz Finance PLC 3.000% due 06/29/2027		200	135
NGD Holdings BV 6.750% due 12/31/2026 (l)		6,185	4,020
Odebrecht Drilling Norbe Ltd. (6.350% Cash and 1.000% PIK) 7.350% due 12/01/2026 ^(c)		5,114	2,843
Odebrecht Offshore Drilling Finance Ltd. (6.720% Cash and 1.000% PIK) 7.720% due 12/01/2026 ^(c)		25,668	5,904
Oi SA 10.000% due 07/27/2025 ^(d)		135,417	10,623
Pacific Gas & Electric Co.
4.000% due 12/01/2046		57	40
4.450% due 04/15/2042 ^(l)		5,473	4,303
4.500% due 12/15/2041 (l)		1,802	1,429
4.750% due 02/15/2044 (l)		57,224	46,024
Peru LNG SRL 5.375% due 03/22/2030 (l)		42,051	33,639
Petrobras Global Finance BV 6.625% due 01/16/2034 (l)	GBP	3,856	4,149
Rio Oil Finance Trust
9.250% due 07/06/2024 (l)	$	6,840	6,925
9.250% due 07/06/2024 (l)		763	773

			185,971

Total Corporate Bonds & Notes (Cost $1,821,955)			1,462,894

CONVERTIBLE BONDS & NOTES 0.7%
BANKING & FINANCE 0.2%
PennyMac Corp. 5.500% due 03/15/2026 (l)		7,700	6,720

INDUSTRIALS 0.5%
Multiplan Corp. (6.000% Cash or 7.000% PIK) 6.000% due 10/15/2027 (c)(l)		33,700	21,500

Total Convertible Bonds & Notes (Cost $40,815)			28,220

MUNICIPAL BONDS & NOTES 2.0%
PUERTO RICO 1.3%
Commonwealth of Puerto Rico Bonds, Series 2022
0.000% due 11/01/2043		38,262	16,691

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


0.000% due 11/01/2051	99,704	42,362

		59,053

WEST VIRGINIA 0.7%
Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2007 0.000% due 06/01/2047 (g)	355,485	31,555

Total Municipal Bonds & Notes (Cost $101,053)		90,608

U.S. GOVERNMENT AGENCIES 2.0%
Fannie Mae
0.000% due 10/25/2042 •(l)	1,149	928
0.000% due 10/25/2060 ~(a)	22,375	1,628
1.040% due 08/25/2043 ~(a)	21,057	686
1.075% due 07/25/2041 •(a)(l)	1,899	152
1.155% due 08/25/2038 •(a)	382	25
1.205% due 08/25/2049 •(a)	179	21
1.205% due 07/25/2059 •(a)(l)	6,881	845
1.225% due 10/25/2040 •(a)(l)	2,180	104
1.305% due 02/25/2043 •(a)(l)	1,578	162
1.473% due 01/25/2041 •(l)	3,698	3,543
1.505% due 12/25/2037 •(a)	43	2
1.675% due 09/25/2037 ~(a)(l)	319	21
1.755% due 03/25/2040 •(a)(l)	1,802	78
1.795% due 12/25/2036 ~(a)(l)	1,391	134
1.805% due 11/25/2036 •(a)	43	2
1.875% due 06/25/2037 •(a)	161	10
2.135% due 03/25/2038 •(a)(l)	824	86
2.155% due 02/25/2038 •(a)(l)	485	54
2.255% due 06/25/2023 •(a)	12	0
3.000% due 01/25/2042 (a)(l)	134	8
3.500% due 08/25/2032 - 06/25/2050 (a)(l)	17,834	3,337
4.000% due 06/25/2050 (a)(l)	10,442	2,010
4.500% due 04/25/2042 (a)(l)	659	89
5.000% due 01/25/2048 - 06/25/2050 (a)(l)	5,462	1,193
10.595% due 07/25/2029 •(l)	9,180	10,063
Freddie Mac
0.000% due 11/15/2048 •(a)	37,253	1,285
0.564% due 09/15/2041 ~(l)	602	539
0.700% due 11/25/2055 ~(a)	264,126	17,443
1.255% due 06/25/2050 •(a)(l)	1,106	128
1.266% due 04/15/2039 •(a)(l)	1,212	144
1.305% due 05/25/2050 •(a)(l)	7,884	995
1.466% due 01/15/2047 •(a)	272	36
1.516% due 09/15/2042 ~(a)(l)	569	39
1.616% due 05/15/2037 •(a)(l)	879	81
1.726% due 05/15/2037 •(a)	73	5
1.740% due 01/25/2051 •(a)	6,506	964
1.740% due 01/25/2051 •(a)(l)	3,569	484
1.786% due 07/15/2036 •(a)(l)	1,090	99
1.896% due 09/15/2036 •(a)(l)	350	34
1.916% due 05/15/2041 •(a)(l)	680	73
2.010% due 11/25/2045 ~(a)(l)	75,137	5,889
2.016% due 04/15/2036 ~(a)(l)	253	16
3.000% due 06/25/2050 (a)(l)	11,661	1,886
3.096% due 09/15/2036 •(a)(l)	608	80
3.500% due 07/25/2050 (a)(l)	24,968	4,978
4.000% due 03/15/2027 (a)	118	5
4.000% due 07/25/2050 (a)(l)	19,384	4,237
5.000% due 05/25/2048 (a)(l)	6,822	1,147
9.995% due 10/25/2029 •(l)	8,600	9,200
13.845% due 03/25/2029 •(l)	6,839	7,068
15.345% due 10/25/2028 •	1,481	1,584
Ginnie Mae
1.339% due 12/20/2048 •(a)(l)	3,071	324
1.359% due 08/20/2042 ~(a)(l)	1,457	162
1.489% due 12/20/2040 •(a)(l)	1,063	51
2.500% due 09/20/2036 (a)	49,986	4,330
3.500% due 06/20/2042 (a)(l)	203	32

Total U.S. Government Agencies (Cost $96,989)		88,519

NON-AGENCY MORTGAGE-BACKED SECURITIES 40.2%
245 Park Avenue Trust 3.657% due 06/05/2037 ~(l)	16,761	12,542
280 Park Avenue Mortgage Trust
6.255% due 09/15/2034 ~(l)	12,600	11,693
7.546% due 09/15/2034 •(l)	2,500	2,184
Adjustable Rate Mortgage Trust
4.383% due 03/25/2037 ~	1,367	1,156
5.105% due 03/25/2036 ~(l)	3,222	1,989
5.145% due 03/25/2037 ~	763	826
5.826% due 11/25/2037 ^~	869	602

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


American Home Mortgage Assets Trust
5.385% due 11/25/2035 •		430	378
5.425% due 08/25/2037 ^•(l)		7,505	6,491
American Home Mortgage Investment Trust
5.385% due 03/25/2037 •		2,624	1,006
5.445% due 09/25/2045 •(l)		2,766	2,378
5.745% due 02/25/2044 ~(l)		8,853	7,730
6.600% due 01/25/2037 þ		4,653	913
Anthracite Ltd. 5.678% due 06/20/2041		2,068	0
ASG Resecuritization Trust
1.661% due 01/28/2037 ~(l)		8,826	6,830
6.000% due 06/28/2037 ~(l)		25,450	13,249
Ashford Hospitality Trust
6.084% due 04/15/2035 ~(l)		10,360	9,693
7.784% due 04/15/2035 •(l)		6,800	6,281
Austin Fairmont Hotel Trust 7.484% due 09/15/2032 •(l)		5,000	4,731
Avon Finance PLC
0.000% due 09/20/2048 (b)(g)	GBP	28,441	30,371
0.000% due 09/20/2048 ~		10	22,631
7.171% due 09/20/2048 •		20,316	24,686
7.421% due 09/20/2048 •		8,126	9,842
BAMLL Commercial Mortgage Securities Trust
6.834% due 03/15/2037 •(l)	$	7,579	7,269
6.934% due 03/15/2037 •(l)		14,228	13,374
Banc of America Alternative Loan Trust
1.795% due 06/25/2037 ^•(a)		328	32
5.205% due 06/25/2037 •		305	225
6.000% due 06/25/2037		110	91
6.000% due 06/25/2046		47	42
6.000% due 07/25/2046 ^		703	595
Banc of America Funding Trust
0.000% due 06/26/2035 ~(l)		1,895	1,699
0.000% due 11/26/2036 ~(l)		26,615	7,120
3.000% due 12/20/2034 ~		411	288
3.011% due 08/25/2047 ^~		2,600	1,809
3.677% due 05/26/2036 ~(l)		5,369	4,507
3.721% due 09/20/2047 ^~		189	152
3.825% due 12/20/2036 ~		27	25
3.827% due 01/20/2047 ^~		85	70
3.869% due 09/20/2037 ~		391	296
3.893% due 03/20/2036 ^~		907	718
3.928% due 10/20/2046 ^~		291	236
3.956% due 01/25/2035 ~		106	101
4.047% due 04/20/2035 ^~		1,034	882
4.301% due 09/20/2046 ^~		706	660
5.181% due 04/20/2047 ^•(l)		4,957	3,803
5.265% due 04/25/2037 ^•		985	806
5.436% due 02/20/2035 •(l)		3,197	3,002
6.000% due 10/25/2037 ^(l)		2,851	2,383
6.619% due 07/26/2036 ~(l)		8,870	2,977
Banc of America Mortgage Trust
4.122% due 10/20/2046 ^~		64	54
4.164% due 01/25/2036 ~		105	95
5.750% due 10/25/2036 ^		668	545
5.750% due 05/25/2037 ^		611	472
6.000% due 10/25/2036 ^		81	67
Bancorp Commercial Mortgage Trust 8.434% due 08/15/2032 ~(l)		4,995	4,958
Barclays Commercial Mortgage Securities Trust
7.634% due 10/15/2037 •		2,600	2,404
8.234% due 07/15/2037 ~(l)		5,000	4,655
Barclays Commercial Real Estate Trust 4.563% due 08/10/2033 ~		3,610	2,899
Bayview Commercial Asset Trust 5.175% due 03/25/2037 •		159	144
BCAP LLC Trust
2.135% due 05/26/2036 •(l)		4,089	3,142
2.247% due 02/26/2037 ~(l)		8,667	7,128
3.000% due 05/26/2037 ~(l)		1,632	1,420
3.362% due 07/26/2036 ~		401	338
3.372% due 07/26/2045 ~(l)		3,472	3,193
3.395% due 04/26/2037 ~(l)		6,677	5,125
3.493% due 02/26/2047 •(l)		11,770	9,040
3.558% due 06/26/2036 ~		2,177	1,776
3.768% due 02/26/2036 ~		2,660	1,823
3.857% due 03/26/2037 ~		841	658
3.879% due 11/26/2035 ~(l)		2,387	2,078
4.047% due 03/27/2037 ~(l)		4,651	3,752
4.287% due 07/26/2035 ~		423	329
5.117% due 05/26/2035 ~(l)		5,258	4,568
5.500% due 12/26/2035 ~		4,307	2,570
5.500% due 12/26/2035 ~(l)		5,544	3,483
6.000% due 06/26/2037 ~		1,709	1,467
6.000% due 08/26/2037 ~		2,281	1,759

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


6.000% due 10/26/2037 ~		1,728	1,316
6.334% due 01/26/2036 ~(l)		19,659	5,283
Bear Stearns Adjustable Rate Mortgage Trust
3.554% due 08/25/2047 ^~		155	129
3.696% due 06/25/2047 ^~(l)		1,369	1,209
3.763% due 09/25/2034 ~		37	32
4.014% due 09/25/2034 ~		12	10
4.370% due 10/25/2036 ^~		142	124
4.594% due 02/25/2036 ^~		325	284
Bear Stearns ALT-A Trust
3.598% due 09/25/2035 ^~(l)		7,502	3,084
3.598% due 07/25/2036 ~(l)		52,153	26,468
3.613% due 11/25/2035 ^~(l)		10,809	7,098
3.647% due 05/25/2036 ^~		343	245
3.672% due 04/25/2035 ~		156	133
3.685% due 08/25/2046 ^~(l)		4,223	2,937
3.687% due 11/25/2036 ^~		1,707	792
3.700% due 11/25/2035 ~		30	21
3.731% due 04/25/2037 ~(l)		4,454	3,243
3.765% due 05/25/2035 ~		133	124
3.773% due 03/25/2036 ~(l)		1,353	810
3.841% due 08/25/2036 ^~		286	146
3.886% due 12/25/2046 ^~(l)		3,372	1,849
4.125% due 09/25/2034 ~		189	177
4.200% due 07/25/2035 ^~		224	158
5.165% due 06/25/2046 ^•(l)		1,211	998
5.185% due 08/25/2036 ^~(l)		14,670	11,800
5.245% due 02/25/2034 •(l)		2,633	2,280
5.345% due 01/25/2036 ^~(l)		3,940	4,988
5.970% due 01/25/2035 •		1,043	944
5.970% due 03/25/2035 •(l)		5,858	6,590
Bear Stearns Asset-Backed Securities Trust
6.000% due 12/25/2035 ^		345	200
6.500% due 03/25/2037 þ(l)		8,908	7,586
Bear Stearns Mortgage Funding Trust 7.500% due 08/25/2036 þ		374	375
Beast Mortgage Trust 8.134% due 03/15/2036 •(l)		6,000	4,438
Beneria Cowen & Pritzer Collateral Funding Corp. 8.322% due 06/15/2038 •(l)		11,100	8,242
BMO Mortgage Trust 3.269% due 02/17/2055 ~(l)		7,850	6,436
Bridgegate Funding PLC
0.000% due 10/16/2062 ~	GBP	72,748	36,223
0.000% due 10/16/2062 •		23,983	27,611
0.000% due 10/16/2062 (g)		5,795	250
BX Commercial Mortgage Trust
7.034% due 04/15/2034 ~(l)	$	6,000	5,265
7.771% due 04/15/2034 •		4,000	3,360
BX Trust
6.921% due 10/15/2036 •(l)		1,010	939
7.111% due 10/15/2026 •		1,500	1,367
7.421% due 10/15/2036 •(l)		7,993	7,394
7.604% due 05/15/2030 •(l)		5,500	5,270
BXP Trust 2.775% due 01/15/2044 ~(l)		3,000	1,960
CBA Commercial Small Balance Commercial Mortgage 6.040% due 01/25/2039 ^þ		364	339
CD Mortgage Trust 5.688% due 10/15/2048 (l)		1,436	1,289
Chase Mortgage Finance Trust
3.814% due 01/25/2036 ^~(l)		3,596	2,997
3.963% due 03/25/2037 ^~		1,044	944
6.000% due 03/25/2037 ^		516	281
Citigroup Commercial Mortgage Trust
5.084% due 12/10/2049 ~(l)		8,727	4,011
8.459% due 12/15/2036 •(l)		10,233	9,604
Citigroup Global Markets Mortgage Securities, Inc. 6.500% due 02/25/2029		126	121
Citigroup Mortgage Loan Trust
(0.500%) due 08/25/2037 ~		1,632	103
2.837% due 07/25/2036 ^~		1,968	1,173
3.451% due 03/25/2037 ^~(l)		2,021	1,652
3.612% due 08/25/2034 ~(l)		6,115	5,521
3.890% due 09/25/2037 ^~(l)		2,299	1,968
3.917% due 10/25/2035 ^~(l)		1,038	961
4.043% due 04/25/2037 ^~		366	302
4.102% due 03/25/2037 ^~		490	448
4.275% due 02/25/2036 ~(l)		5,436	4,846
4.524% due 03/25/2037 ^~		173	166
5.500% due 11/25/2035 ^		220	201
5.500% due 12/25/2035		1,909	1,073
6.000% due 07/25/2036 (l)		4,076	2,178
6.380% due 03/25/2036 ^•		98	88
6.500% due 09/25/2036		912	542

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Colony Mortgage Capital Ltd.
6.966% due 11/15/2038 •	4,385	4,037
7.662% due 11/15/2038 ~	2,000	1,810
8.358% due 11/15/2038 •(l)	18,700	16,637
COLT Mortgage Loan Trust 4.718% due 03/25/2067 ~(l)	4,900	4,263
Commercial Mortgage Lease-Backed Certificates 6.250% due 06/20/2031 ~(l)	4,865	4,759
Commercial Mortgage Loan Trust 6.210% due 12/10/2049 ~(l)	4,688	1,186
Commercial Mortgage Trust
5.610% due 07/10/2038 ~(l)	4,688	3,055
8.835% due 12/15/2038 ~(l)	10,004	8,329
9.685% due 12/15/2038 ~(l)	5,000	3,969
10.685% due 12/15/2038 ~(l)	3,360	2,471
Connecticut Avenue Securities Trust
7.310% due 12/25/2041 ~(l)	2,600	2,393
9.810% due 03/25/2042 •	1,400	1,425
10.060% due 12/25/2041 •	1,200	1,070
10.560% due 10/25/2041 •(l)	3,600	3,292
10.910% due 05/25/2042 •(l)	550	576
14.060% due 03/25/2042 •(l)	3,400	3,354
15.160% due 05/25/2042 ~(l)	600	606
Countrywide Alternative Loan Resecuritization Trust 7.000% due 01/25/2037 ^	5,107	1,115
Countrywide Alternative Loan Trust
0.812% due 12/25/2035 ~(a)	8,191	348
1.765% due 12/25/2035 ~(a)	3,214	256
2.305% due 07/25/2036 •(a)	7,036	1,193
3.581% due 06/25/2037 ^~	82	68
3.650% due 05/25/2036 ~(l)	2,661	2,304
3.988% due 11/25/2046 •(l)	2,400	1,963
4.448% due 07/20/2035 ^•(l)	4,681	3,855
4.951% due 03/20/2047 •	410	334
5.095% due 06/25/2037 ^•	528	430
5.195% due 05/25/2036 ^•	1,185	366
5.195% due 08/25/2036 ^•	801	361
5.205% due 05/25/2036 •(l)	7,766	6,886
5.225% due 09/25/2046 ^•(l)	5,624	4,712
5.265% due 08/25/2047 ^•	864	682
5.285% due 05/25/2047 •(l)	4,792	2,567
5.305% due 03/25/2036 •(l)	7,887	7,678
5.345% due 06/25/2037 •(l)	5,508	4,512
5.365% due 07/25/2036 •(l)	8,108	6,353
5.378% due 11/20/2035 •	77	70
5.500% due 06/28/2023	17	14
5.500% due 07/25/2035 ^	715	397
5.500% due 10/25/2035 ^~	480	305
5.500% due 10/25/2035 ^	117	83
5.500% due 11/25/2035 ^	336	212
5.500% due 11/25/2035	1,456	927
5.500% due 12/25/2035 ^	702	405
5.500% due 01/25/2036 ^	64	60
5.500% due 02/25/2036 ^	899	548
5.500% due 02/25/2036	827	601
5.500% due 05/25/2036 (l)	2,638	2,203
5.500% due 05/25/2036 ^	856	715
5.500% due 04/25/2037 ^(l)	1,546	855
5.525% due 09/25/2035 •	2,512	1,485
5.525% due 10/25/2046 ^•	108	76
5.750% due 01/25/2036	129	73
5.750% due 05/25/2036 ^	144	57
5.750% due 01/25/2037 ^(l)	7,842	4,415
5.750% due 04/25/2037 ^(l)	1,011	857
6.000% due 03/25/2035 ^	286	141
6.000% due 11/25/2035 ^	321	57
6.000% due 04/25/2036	487	252
6.000% due 04/25/2036 ^	185	101
6.000% due 08/25/2036 ^	233	136
6.000% due 11/25/2036 ^	224	127
6.000% due 12/25/2036	705	315
6.000% due 01/25/2037 ^	1,512	1,127
6.000% due 02/25/2037 ^	2,129	843
6.000% due 03/25/2037 ^	2,586	1,077
6.000% due 03/25/2037 ^(l)	8,392	3,497
6.000% due 04/25/2037 ^	5,176	2,438
6.000% due 04/25/2037 ^(l)	3,697	1,849
6.000% due 09/25/2037 (l)	7,696	2,969
6.250% due 12/25/2036 ^•	500	241
6.305% due 11/25/2035 •(l)	8,042	7,083
6.475% due 07/25/2035 •	61	59
6.500% due 09/25/2032 ^	70	66
6.500% due 06/25/2036 ^	309	157
6.500% due 11/25/2036	8,382	2,840
9.928% due 05/25/2037 ^•	656	708

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Countrywide Asset-Backed Certificates Trust 5.325% due 04/25/2036 ^•		403	338
Countrywide Home Loan Mortgage Pass-Through Trust
3.112% due 06/20/2035 ~		18	17
3.447% due 08/20/2035 ^~		29	26
3.506% due 11/25/2035 ^~		828	639
3.585% due 03/25/2037 ^~		673	505
3.646% due 06/25/2047 ^~(l)		1,295	1,249
3.657% due 11/20/2035 ~(l)		5,411	4,704
3.817% due 05/20/2036 ^~		763	641
3.851% due 09/20/2036 ~		2,543	2,177
4.022% due 09/25/2047 ^~		1,658	1,198
5.000% due 11/25/2035 ^		21	12
5.445% due 03/25/2035 •		146	100
5.500% due 12/25/2034		51	49
5.500% due 08/25/2035 ^		31	18
5.500% due 11/25/2035 ^		25	15
5.525% due 03/25/2036 •		448	233
6.000% due 07/25/2037 ^		143	71
6.000% due 08/25/2037 (l)		3,038	1,539
6.000% due 08/25/2037 ^		1	1
6.715% due 03/25/2046 ^•(l)		24,782	15,984
Credit Suisse Commercial Mortgage Trust 5.516% due 01/15/2049 ~(l)		10,300	11,314
Credit Suisse First Boston Mortgage Securities Corp.
6.000% due 01/25/2036 ^		236	149
7.500% due 05/25/2032 (l)		719	733
Credit Suisse Mortgage Capital Certificates
2.034% due 02/27/2047 ~(l)		33,091	12,918
3.169% due 12/29/2037 ~		2,839	1,527
3.242% due 06/25/2036 ~		3,241	2,787
3.318% due 05/27/2036 ~		2,320	1,788
3.587% due 04/28/2037 ~(l)		2,143	1,939
3.647% due 05/26/2036 ~(l)		4,417	3,603
3.672% due 09/26/2047 ~(l)		16,582	8,068
3.805% due 10/26/2036 ~(l)		9,880	8,843
3.884% due 07/26/2037 ~(l)		5,701	4,837
4.283% due 04/26/2035 ~(l)		7,346	6,555
5.750% due 05/26/2037 (l)		11,460	7,315
7.000% due 08/26/2036 (l)		14,477	3,668
7.000% due 08/27/2036		2,936	1,352
15.749% due 11/25/2037 •(l)		7,202	6,176
16.386% due 11/27/2037 •(l)		8,557	6,964
Credit Suisse Mortgage Capital Mortgage-Backed Trust
5.445% due 07/25/2036 ^•		407	73
6.000% due 07/25/2036		1,739	928
6.396% due 04/25/2036 þ(l)		4,706	2,621
6.500% due 05/25/2036 ^		2,699	1,036
Credit Suisse Mortgage Capital Trust
6.500% due 07/26/2036 ^		11,226	2,901
7.585% due 07/15/2038 •(l)		15,850	13,657
7.984% due 07/15/2032 •(l)		7,454	6,793
8.585% due 07/15/2038 •(l)		13,700	11,044
9.034% due 07/15/2032 ~(l)		15,000	13,664
DBGS Mortgage Trust
6.734% due 06/15/2033 •		3,600	2,919
7.284% due 06/15/2033 •(l)		6,100	4,768
7.835% due 10/15/2036 •(l)		26,404	21,798
Deutsche ALT-A Securities, Inc. Mortgage Loan Trust
4.995% due 02/25/2047 ~		323	189
5.500% due 12/25/2035 ^		490	424
Deutsche ALT-B Securities, Inc. Mortgage Loan Trust
5.145% due 04/25/2037 •(l)		3,975	2,748
6.250% due 07/25/2036 ^~		39	33
Deutsche Mortgage Securities, Inc. Mortgage Loan Trust 5.500% due 09/25/2033		66	65
DOLP Trust
3.704% due 05/10/2041 ~(l)		20,000	11,580
3.704% due 05/10/2041 ~		3,000	1,969
Downey Savings & Loan Association Mortgage Loan Trust 4.941% due 04/19/2047 ^•		216	220
Dssv SARL 5.288% (EUR003M + 3.000%) due 10/15/2024 «~	EUR	5,738	6,197
Eurosail PLC
0.000% due 06/13/2045 ~	GBP	6	3,311
3.788% due 03/13/2045 •	EUR	7,067	6,260
5.521% (BP0003M + 1.250%) due 06/13/2045 ~	GBP	14,497	14,506
5.871% due 09/13/2045 •		15,554	17,185
6.021% (BP0003M + 1.750%) due 06/13/2045 ~		8,928	8,566
6.521% due 09/13/2045 •		11,113	12,111
7.771% (BP0003M + 3.500%) due 06/13/2045 ~		3,175	2,995
8.121% due 09/13/2045 ~		9,266	11,128
Extended Stay America Trust 8.385% due 07/15/2038 ~(l)	$	44,807	42,195
Finsbury Square PLC 9.660% due 06/16/2070 •	GBP	1,000	1,231

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


First Horizon Alternative Mortgage Securities Trust
0.000% due 06/26/2023 (b)	$	2	0
2.255% due 11/25/2036 •(a)		750	116
3.935% due 05/25/2036 ^~		477	384
4.333% due 02/25/2036 ~		33	25
4.523% due 11/25/2036 ^~		458	321
5.072% due 08/25/2035 ^~		116	10
6.250% due 11/25/2036 ^		57	21
First Horizon Mortgage Pass-Through Trust
3.673% due 05/25/2037 ^~		2,251	959
3.857% due 07/25/2037 ^~		14	9
4.186% due 01/25/2037 ^~		216	134
5.500% due 08/25/2037 ^		213	85
Freddie Mac
7.910% due 09/25/2041 •(l)		6,000	5,477
8.310% due 02/25/2042 •(l)		16,000	15,444
9.310% due 02/25/2042 •(l)		5,000	4,770
9.310% due 01/25/2051 •		2,300	1,919
9.360% due 10/25/2050 •(l)		2,500	2,638
10.060% due 01/25/2034 •		2,800	2,335
10.810% due 09/25/2041 •(l)		6,400	5,256
11.560% due 12/25/2041 •		500	412
12.060% due 10/25/2041 •(l)		4,900	4,565
13.060% due 02/25/2042 •		2,350	2,149
GC Pastor Hipotecario 2.816% due 06/21/2046 ~	EUR	19,678	18,306
GMAC Mortgage Corp. Loan Trust 3.617% due 07/19/2035 ~	$	18	14
GreenPoint Mortgage Funding Trust
5.205% due 01/25/2037 •		540	450
5.245% due 12/25/2046 ^•(l)		2,615	2,329
GS Mortgage Securities Corp. Trust
4.599% due 10/10/2032 ~(l)		39,357	35,183
7.234% due 11/15/2032 •(l)		10,358	9,839
7.284% due 08/15/2032 ~(l)		10,621	9,608
7.784% due 08/15/2032 •(l)		11,668	10,686
GS Mortgage Securities Trust 0.459% due 08/10/2043 ~(a)		1,021	8
GS Mortgage-Backed Securities Trust
0.000% due 07/25/2059 (b)(g)		86	86
0.000% due 07/25/2059 ~(a)		260,919	2,559
3.842% due 07/25/2059 ~(l)		20,073	12,966
GSC Capital Corp. Mortgage Trust 5.205% due 05/25/2036 ^•		1,247	1,132
GSR Mortgage Loan Trust
3.895% due 01/25/2036 ^~		305	291
4.037% due 12/25/2034 ~		7	6
4.113% due 11/25/2035 ~		126	71
5.295% due 07/25/2037 ^•		232	44
6.000% due 09/25/2034		270	269
6.500% due 08/25/2036 ^•		602	227
HarborView Mortgage Loan Trust
3.623% due 08/19/2036 ^~		48	41
4.119% due 06/19/2045 ^~		945	473
5.141% due 02/19/2046 •		754	593
5.181% due 11/19/2036 •		1,147	931
5.241% due 03/19/2036 ^•(l)		7,292	6,322
5.261% due 01/19/2036 •(l)		4,392	2,691
5.321% due 06/19/2034 •		67	58
5.401% due 01/19/2035 •		111	91
5.736% due 06/20/2035 ~(l)		4,258	3,624
6.111% due 06/20/2035 •		983	840
Harbour PLC
5.971% due 01/28/2054 ~	GBP	2,200	2,574
6.471% due 01/28/2054 •		12,153	14,069
HomeBanc Mortgage Trust
3.099% due 04/25/2037 ^~(l)	$	2,411	2,130
5.345% due 03/25/2035 ~		83	70
HSI Asset Loan Obligation Trust 6.000% due 06/25/2037 ^		2,387	2,095
IM Pastor Fondo de Titluzacion Hipotecaria
2.890% due 03/22/2043 ~	EUR	14,943	12,421
2.890% due 03/22/2044 •		728	717
Impac CMB Trust
5.365% due 11/25/2035 ^•	$	108	94
5.565% due 10/25/2034 •		75	70
Impac Secured Assets Trust 5.065% due 05/25/2037 ^•		2	2
IndyMac IMSC Mortgage Loan Trust 3.518% due 06/25/2037 ^~(l)		2,781	1,871
IndyMac INDA Mortgage Loan Trust
2.827% due 03/25/2037 ~		18	15
3.665% due 12/25/2036 ^~		436	361
IndyMac INDX Mortgage Loan Trust
2.852% due 06/25/2037 ^~		136	107
3.059% due 02/25/2035 ~		208	174

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


3.152% due 05/25/2037 ^~		1,722	1,353
3.251% due 06/25/2036 ~		597	527
3.317% due 11/25/2035 ^~(l)		2,357	1,983
3.446% due 11/25/2036 ^~		563	479
5.245% due 11/25/2046 •(l)		3,536	3,056
5.265% due 11/25/2036 •		110	99
5.305% due 04/25/2035 •		41	36
5.345% due 02/25/2037 ~		2,131	1,328
5.445% due 07/25/2036 •		319	217
5.645% due 08/25/2034 ~		111	91
5.705% due 09/25/2034 •		190	160
Jackson Park Trust 3.242% due 10/14/2039 ~(l)		3,300	2,502
Jefferies Resecuritization Trust 6.000% due 12/26/2036 ~		3,560	1,097
JP Morgan Alternative Loan Trust
3.231% due 05/25/2036 ^~		581	331
3.399% due 11/25/2036 ^~		81	79
5.117% due 06/27/2037 •(l)		4,979	3,585
5.245% due 06/25/2037 •(l)		22,749	9,390
5.500% due 11/25/2036 ^~		8	3
6.000% due 12/25/2035 ^		546	380
6.272% due 06/27/2037 ~(l)		13,191	5,955
6.460% due 12/25/2036 ^þ(l)		2,338	2,244
JP Morgan Chase Commercial Mortgage Securities Trust
5.984% due 12/15/2036 •		7,905	6,638
6.434% due 12/15/2036 •(l)		2,500	1,938
6.524% due 06/15/2038 •		2,000	1,808
7.934% due 02/15/2035 •		8,297	7,682
8.200% due 11/15/2038 •(l)		9,000	8,562
9.945% due 11/15/2038 •(l)		19,700	17,743
JP Morgan Mortgage Trust
3.595% due 10/25/2036 ^~		13	10
3.680% due 05/25/2036 ^~		195	155
3.789% due 06/25/2037 ^~(l)		1,713	1,333
3.794% due 07/25/2035 ~		25	23
3.851% due 10/25/2036 ~		350	255
6.000% due 08/25/2037 ^		341	188
JP Morgan Resecuritization Trust
4.238% due 03/21/2037 ~		372	334
6.000% due 09/26/2036 ~		1,084	847
6.500% due 04/26/2036 ~		4,092	1,527
Lansdowne Mortgage Securities PLC
3.093% due 09/16/2048 •	EUR	6,360	6,431
3.417% due 06/15/2045 •		800	642
Lavender Trust
6.000% due 11/26/2036 (l)	$	7,018	6,174
6.250% due 10/26/2036 (l)		3,639	1,950
Lehman Mortgage Trust
5.898% due 04/25/2036 ^~		196	130
6.000% due 08/25/2036 ^		460	377
6.000% due 09/25/2036 ^		336	190
6.000% due 05/25/2037 ^		21	21
6.000% due 01/25/2038 ^		483	463
6.500% due 09/25/2037 ^		3,150	1,139
7.250% due 09/25/2037 ^(l)		31,126	9,407
Lehman XS Trust
5.405% due 07/25/2037 •(l)		22,489	14,441
5.745% due 08/25/2047 ^•		238	192
5.845% due 07/25/2047 •(l)		3,395	2,862
LUXE Commercial Mortgage Trust 7.934% due 10/15/2038 •(l)		5,211	4,809
MASTR Adjustable Rate Mortgages Trust
3.878% due 01/25/2047 ^•		41	40
3.924% due 10/25/2034 ~		186	162
5.525% due 05/25/2047 ^~(l)		6,765	5,413
MASTR Alternative Loan Trust
5.195% due 03/25/2036 •		19,984	2,067
5.245% due 03/25/2036 ^~		26,415	2,765
MBRT 7.583% due 11/15/2036 •(l)		9,308	8,997
Merrill Lynch Alternative Note Asset Trust 6.000% due 05/25/2037 ^(l)		2,358	1,856
Merrill Lynch Mortgage Investors Trust
3.189% due 05/25/2036 ~		1,568	1,431
3.743% due 03/25/2036 ^~(l)		6,594	3,667
MFA Trust 4.039% due 04/25/2065 ~(l)		14,456	11,920
Morgan Stanley Capital Trust
6.184% due 12/15/2036 •		453	388
6.928% due 12/15/2036 •(l)		18,590	13,381
7.734% due 07/15/2035 •(l)		10,478	10,093
8.880% due 12/15/2038 •(l)		18,000	16,245
9.778% due 12/15/2038 ~(l)		19,500	17,286
Morgan Stanley Mortgage Loan Trust
3.703% due 07/25/2035 ^~		591	483

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


4.334% due 01/25/2035 ^~(l)		171	133
4.433% due 05/25/2036 ^~		1,616	746
5.155% due 01/25/2035 •		297	259
5.185% due 05/25/2036 •		147	29
5.750% due 12/25/2035 ^		185	134
5.962% due 06/25/2036 ^~		1,826	563
6.000% due 08/25/2037 ^		136	58
Morgan Stanley Re-REMIC Trust
2.702% due 02/26/2037 ~		2,101	1,865
3.007% due 03/26/2037 þ(l)		1,344	1,232
3.794% due 07/26/2035 ~(l)		7,910	7,356
4.035% due 06/26/2035 ~(l)		10,914	8,006
4.193% due 09/26/2035 ~(l)		669	615
6.000% due 04/26/2036 (l)		7,491	7,426
Mortgage Equity Conversion Asset Trust 4.000% due 07/25/2060		4,013	3,628
Mortgage Funding PLC 7.471% due 03/13/2046 •	GBP	1,000	1,185
Natixis Commercial Mortgage Securities Trust
4.058% due 04/10/2037 ~(l)	$	5,880	4,111
7.834% due 11/15/2034 •(l)		8,574	8,011
8.834% due 11/15/2034 •(l)		3,718	3,457
New Residential Mortgage Loan Trust 3.882% due 11/25/2059 ~		8,300	3,977
New York Mortgage Trust
3.558% due 08/25/2061 þ(l)		1,000	803
5.250% due 07/25/2062 þ(l)		14,737	13,940
Newgate Funding PLC
4.207% due 12/15/2050 •	EUR	1,090	1,085
4.457% due 12/15/2050 •		2,082	1,990
Nomura Asset Acceptance Corp. Alternative Loan Trust 5.165% due 10/25/2036 •	$	1,056	884
Nomura Resecuritization Trust 4.513% due 09/26/2035 ~(l)		3,960	3,485
NovaStar Mortgage Funding Trust 0.506% due 09/25/2046 ~		149	141
PMT Credit Risk Transfer Trust 7.752% due 02/27/2024 •(l)		4,433	4,304
Preston Ridge Partners Mortgage LLC 6.291% due 02/25/2027 þ(l)		1,000	949
Prime Mortgage Trust
5.195% due 06/25/2036 ^~		1,559	1,080
7.000% due 07/25/2034		50	44
RBSSP Resecuritization Trust
0.000% due 06/26/2037 ~		412	359
3.414% due 07/26/2045 ~(l)		10,684	9,883
3.928% due 05/26/2037 ~		2,883	1,768
4.287% due 09/26/2035 ~		3,390	1,964
6.000% due 03/26/2036 ^~		3,540	2,053
Regal Trust 3.357% due 09/29/2031 •		1	1
Residential Accredit Loans, Inc. Trust
4.138% due 01/25/2046 ^•(l)		2,959	2,367
5.145% due 02/25/2037 •		310	268
5.205% due 07/25/2036 ^•(l)		6,890	2,840
5.225% due 05/25/2037 •(l)		7,353	6,329
5.265% due 06/25/2037 •		754	658
5.500% due 04/25/2037		45	35
5.760% due 01/25/2036 ~		45	51
6.000% due 08/25/2035 ^		655	555
6.000% due 12/25/2035 ^(l)		1,345	1,155
6.000% due 06/25/2036		152	125
6.000% due 09/25/2036 ^(l)		3,102	1,395
6.000% due 11/25/2036 ^(l)		1,474	1,207
6.000% due 01/25/2037 ^		222	173
6.250% due 02/25/2037 ^(l)		2,195	1,801
6.500% due 09/25/2037 ^		808	648
7.000% due 10/25/2037 (l)		4,732	3,690
Residential Asset Mortgage Products Trust 8.000% due 05/25/2032		367	246
Residential Asset Securitization Trust
5.500% due 07/25/2035		615	386
6.000% due 02/25/2037 ^		166	77
6.000% due 03/25/2037 ^		2,795	877
6.000% due 07/25/2037 ^		6,196	2,385
6.250% due 08/25/2037 ^		4,035	1,120
Residential Funding Mortgage Securities, Inc. Trust
4.943% due 07/27/2037 ^~		112	84
5.850% due 11/25/2035 ^		55	51
6.000% due 04/25/2037 ^		417	327
6.000% due 06/25/2037 ^		161	123
RiverView HECM Trust 4.880% due 05/25/2047 •		9,015	8,710
Seasoned Credit Risk Transfer Trust
3.789% due 11/25/2061 ~(a)		4,498	1,365
4.194% due 11/25/2059 ~(l)		6,794	2,476

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


4.250% due 11/25/2059 ~(l)		4,530	3,915
4.250% due 09/25/2060		1,800	1,568
4.250% due 03/25/2061 ~		700	563
4.500% due 11/25/2061 ~(l)		3,900	3,122
5.000% due 04/25/2062 ~(l)		3,400	2,713
5.599% due 03/25/2061 ~		498	250
10.795% due 11/25/2060 ~		1,199	897
14.119% due 09/25/2060 ~		1,594	1,128
Sequoia Mortgage Trust
3.188% due 01/20/2038 ^~		81	63
5.501% due 07/20/2036 •		133	18
5.708% due 02/20/2034 ~		171	150
5.961% due 10/20/2027 •		257	229
6.705% due 09/20/2032 ~		222	195
SFO Commercial Mortgage Trust 6.484% due 05/15/2038 •		1,630	1,360
SG Commercial Mortgage Securities Trust 4.509% due 02/15/2041 ~(l)		9,000	6,667
SMRT Commercial Mortgage Trust 7.528% due 01/15/2039 •(l)		30,200	27,294
Starwood Mortgage Residential Trust 3.935% due 11/25/2066 ~		500	319
Starwood Mortgage Trust
7.684% due 04/15/2034 •(l)		6,924	6,580
8.684% due 04/15/2034 •(l)		6,612	6,289
Stratton Hawksmoor PLC
6.107% due 02/25/2053 •	GBP	1,967	2,244
6.857% due 02/25/2053 •		4,300	4,817
Stratton Mortgage Funding PLC
7.393% due 07/20/2060 •		2,000	2,406
8.151% due 03/12/2052 •		2,500	2,998
Structured Adjustable Rate Mortgage Loan Trust
3.736% due 02/25/2037 ^~(l)	$	5,962	4,070
3.748% due 04/25/2047 ~		1,042	498
4.115% due 01/25/2036 ^~		570	347
4.598% due 08/25/2036 ~		2,259	521
Structured Asset Mortgage Investments Trust
4.214% due 02/25/2036 ~		2,988	1,567
5.185% due 03/25/2037 ^•		883	240
5.225% due 07/25/2046 ^•(l)		9,031	6,102
5.265% due 05/25/2036 •		1,040	679
5.265% due 08/25/2036 ^~		769	608
5.305% due 05/25/2045 ~		56	49
Structured Asset Securities Corp. Mortgage Pass-Through Certificates 4.663% due 01/25/2034 ~		78	74
SunTrust Adjustable Rate Mortgage Loan Trust 4.079% due 02/25/2037 ^~(l)		1,220	1,050
SunTrust Alternative Loan Trust 2.305% due 04/25/2036 ^~(a)		3,903	649
TBW Mortgage-Backed Trust
6.000% due 07/25/2036 ^		204	82
6.500% due 07/25/2036 (l)		18,324	4,811
TDA Mixto Fondo de Titulizacion de Activos
2.668% due 10/28/2050 •	EUR	8,293	4,758
3.215% due 12/28/2050 •		6,941	6,214
Tharaldson Hotel Portfolio Trust 8.190% due 11/11/2034 •(l)	$	13,128	12,375
Verus Securitization Trust 5.406% due 07/25/2067 ~(l)		4,300	3,847
VNDO Mortgage Trust 3.903% due 01/10/2035 ~(l)		4,814	3,694
WaMu Mortgage Pass-Through Certificates Trust
3.236% due 06/25/2037 ^~		655	560
3.350% due 11/25/2036 ^~		97	85
3.388% due 07/25/2037 ^~		1,032	749
3.462% due 03/25/2037 ^~		242	187
3.556% due 07/25/2037 ^~		516	461
3.682% due 08/25/2036 ^~(l)		969	864
3.713% due 02/25/2037 ^~		197	174
3.759% due 03/25/2037 ^~(l)		1,689	1,493
3.888% due 06/25/2047 ^~		1,651	1,101
3.936% due 07/25/2047 ^•		387	321
3.948% due 07/25/2047 •(l)		11,592	9,118
4.018% due 10/25/2046 ^•		218	179
4.021% due 03/25/2033 ~		24	22
4.186% due 07/25/2046 •(l)		2,721	2,178
5.385% due 07/25/2045 ~		102	93
5.685% due 06/25/2044 •(l)		82	73
Warwick Finance Residential Mortgages PLC
0.000% due 12/21/2049 (g)	GBP	0	1,849
6.824% due 12/21/2049 •		646	778
7.324% due 12/21/2049 •		646	765
Washington Mutual Mortgage Pass-Through Certificates Trust
2.924% due 06/25/2046 •(l)	$	5,595	3,130
3.725% due 06/25/2033 ~		65	57
3.988% due 10/25/2046 ^•		260	209

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


5.325% due 01/25/2047 ^•(l)		7,579	6,599
5.445% due 07/25/2036 ^•(l)		3,273	2,100
5.750% due 11/25/2035 ^(l)		838	790
6.000% due 04/25/2037 ^(l)		1,321	1,129
6.467% due 05/25/2036 ^þ(l)		3,627	3,240
Wells Fargo Alternative Loan Trust
3.631% due 07/25/2037 ^~		1,298	1,130
5.750% due 07/25/2037 ^		188	154
Wells Fargo Mortgage Loan Trust
3.530% due 03/27/2037 ~		3,299	2,046
4.637% due 04/27/2036 ~(l)		3,485	3,173
Wells Fargo Mortgage-Backed Securities Trust
4.281% due 09/25/2036 ^~		4	4
4.512% due 10/25/2036 ^~		5	4
6.000% due 06/25/2037 ^		60	54
Worldwide Plaza Trust 3.596% due 11/10/2036 ~(l)		8,000	3,922

Total Non-Agency Mortgage-Backed Securities (Cost $1,944,727)			1,785,881

ASSET-BACKED SECURITIES 32.1%
510 Loan Acquisition Trust 5.107% due 09/25/2060 þ(l)		17,735	17,451
Acacia CDO Ltd. 5.693% due 11/08/2039 •(l)		8,674	2,439
Access Financial Manufactured Housing Contract Trust 7.650% due 05/15/2023		200	3
ACE Securities Corp. Home Equity Loan Trust
5.065% due 12/25/2036 •(l)		21,745	6,208
5.805% due 08/25/2035 •(l)		5,029	3,703
5.940% due 07/25/2035 ^•(l)		17,938	15,462
Adagio CLO DAC 0.000% due 04/30/2031 ~	EUR	1,800	569
Aegis Asset-Backed Securities Trust Mortgage Pass-Through Certificates 6.945% due 09/25/2034 •	$	740	718
AIM Aviation Finance Ltd. 6.213% due 02/15/2040 þ(l)		1,979	1,435
American Money Management Corp. CLO Ltd. 10.852% due 04/14/2029 •		6,100	5,670
Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates
3.977% due 09/25/2032 •		1,148	973
6.570% due 05/25/2034 •		154	146
7.695% due 08/25/2032 •		300	289
Argent Securities Trust
4.995% due 09/25/2036 •(l)		7,743	2,531
5.045% due 06/25/2036 •		6,625	1,825
5.085% due 04/25/2036 •		1,047	346
5.145% due 06/25/2036 ~		3,730	1,027
5.225% due 03/25/2036 •(l)		10,328	5,433
Argent Securities, Inc. Asset-Backed Pass-Through Certificates
5.535% due 11/25/2035 •(l)		29,851	24,925
5.605% due 02/25/2036 •(l)		21,907	16,524
Asset-Backed Funding Certificates Trust
4.995% due 10/25/2036 •		1,289	1,261
5.405% due 10/25/2033 •		167	158
5.895% due 03/25/2034 ^•		482	444
Banco Bilbao Vizcaya Argentaria 3.400% due 03/22/2046 •	EUR	558	362
Bear Stearns Asset-Backed Securities Trust
3.248% due 09/25/2034 •	$	178	173
3.846% due 10/25/2036 ~		2,549	1,517
3.893% due 07/25/2036 ~		75	74
3.913% due 10/25/2036 ~		189	165
4.985% due 12/25/2036 ~(l)		9,592	12,825
5.977% due 12/25/2034 •(l)		16,847	16,148
6.345% due 10/27/2032 •		1	3
Bombardier Capital Mortgage Securitization Corp. 7.830% due 06/15/2030 ~		3,549	499
Carlyle Global Market Strategies CLO Ltd. 0.000% due 04/17/2031 ~		2,900	747
Carrington Mortgage Loan Trust
4.925% due 03/25/2035 •		629	485
5.265% due 12/26/2036 •(l)		13,201	10,119
CIFC Funding Ltd. 0.000% due 04/24/2030 ~		3,390	750
Citigroup Mortgage Loan Trust
4.605% due 03/25/2036 ^þ		1,466	713
4.995% due 12/25/2036 •(l)		17,732	7,436
5.005% due 12/25/2036 •(l)		11,629	6,505
5.045% due 05/25/2037 ~		448	298
5.065% due 12/25/2036 •(l)		12,991	5,480
5.165% due 09/25/2036 •(l)		10,941	7,931
5.545% due 11/25/2046 •(l)		4,267	3,437
6.352% due 05/25/2036 ^þ		379	142
6.851% due 05/25/2036 ^þ		2,207	823

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Cologix Canadian Issuer LP 7.740% due 01/25/2052	CAD	2,000	1,372
Conseco Finance Corp.
6.530% due 02/01/2031 ~	$	488	419
7.060% due 02/01/2031 ~		2,122	1,854
7.500% due 03/01/2030 ~		6,299	2,539
Conseco Finance Securitizations Corp.
7.770% due 09/01/2031 þ		345	344
7.960% due 05/01/2031		1,460	454
8.060% due 09/01/2029 ~		2,914	641
8.260% due 12/01/2030 ~		4,584	1,254
8.850% due 12/01/2030 ~		5,630	1,108
9.163% due 03/01/2033 ~		9,805	9,024
9.546% due 12/01/2033 ~		6,480	5,959
Cork Street CLO Designated Activity Co. 0.000% due 11/27/2028 ~	EUR	1,401	442
Coronado CDO Ltd.
6.000% due 09/04/2038 (l)	$	3,787	2,008
6.486% due 09/04/2038 •(l)		23,903	10,865
Countrywide Asset-Backed Certificates
5.125% due 03/25/2037 ~(l)		11,872	11,348
5.235% due 01/25/2046 ^•(l)		36,143	28,201
5.525% due 12/25/2036 ^•		291	218
5.745% due 03/25/2047 ^•		988	813
5.945% due 05/25/2047 ^•(l)		5,267	4,000
Countrywide Asset-Backed Certificates Trust
4.087% due 02/25/2036 ~		3	2
4.464% due 10/25/2032 ^~(l)		4,529	4,391
5.045% due 06/25/2037 ^•(l)		18,536	17,725
5.095% due 11/25/2047 ^•(l)		3,444	2,977
5.105% due 12/25/2036 ^•(l)		10,910	9,822
5.165% due 05/25/2036 •(l)		366	470
5.325% due 03/25/2036 •(l)		16,147	14,222
5.325% due 05/25/2036 •(l)		4,150	3,433
5.325% due 03/25/2047 ^~(l)		7,655	6,678
5.430% due 04/25/2036 •(l)		8,762	7,701
5.580% due 04/25/2036 •(l)		15,850	13,342
5.859% due 10/25/2046 ^~		602	615
6.015% due 04/25/2036 ~(l)		9,300	7,493
6.870% due 11/25/2035 •		3,153	2,126
Credit Suisse First Boston Mortgage Securities Corp. 5.895% due 02/25/2031 •		610	572
Credit-Based Asset Servicing & Securitization CBO Corp. 5.236% due 09/06/2041 •		98,373	928
CSAB Mortgage-Backed Trust 5.500% due 05/25/2037 ^		2,005	1,450
Diamond Infrastructure Funding LLC 3.475% due 04/15/2049		1,000	802
Duke Funding Ltd. 5.312% due 04/08/2039 •(l)		7,546	637
ECAF Ltd.
3.473% due 06/15/2040		1,184	789
4.947% due 06/15/2040		7,839	5,262
EMC Mortgage Loan Trust 8.220% due 04/25/2042 •		1,631	1,548
Encore Credit Receivables Trust 5.535% due 07/25/2035 •		390	372
Euromax ABS PLC 2.948% due 11/10/2095 •	EUR	3,034	3,282
Exeter Automobile Receivables Trust
0.000% due 05/15/2031 «(g)	$	22	6,218
0.000% due 08/15/2031 «(g)		24	9,193
0.000% due 07/15/2033 «(g)		27	29,433
0.000% due 12/15/2033 «(g)		25	8,978
FAB UK Ltd. 0.000% due 12/06/2045 ~	GBP	14,095	4,888
Fieldstone Mortgage Investment Trust 5.185% due 07/25/2036 •	$	4,275	2,104
First Franklin Mortgage Loan Trust
5.415% due 02/25/2036 •(l)		5,500	5,032
5.790% due 09/25/2035 •(l)		5,831	5,085
5.820% due 05/25/2036 •(l)		13,770	12,014
Flagship Credit Auto Trust
0.000% due 12/15/2027 «(g)		9	1,007
0.000% due 06/15/2029 «(g)		3	818
FREED ABS Trust 0.000% due 09/20/2027 «(g)		10	1,084
Fremont Home Loan Trust
4.995% due 01/25/2037 •		2,923	1,352
5.325% due 02/25/2037 •		1,146	405
Glacier Funding CDO Ltd. 5.076% due 08/04/2035 •(l)		31,282	4,043
GMACM Home Equity Loan Trust 6.749% due 12/25/2037 þ		701	703
Greenpoint Manufactured Housing 9.230% due 12/15/2029 ~		6,041	5,296

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


GSAMP Trust
4.905% due 01/25/2037 •	2,676	1,599
4.935% due 01/25/2037 •	798	477
4.985% due 12/25/2036 •	825	443
5.045% due 11/25/2036 •	3,439	1,643
5.095% due 12/25/2036 •	3,853	1,888
5.165% due 04/25/2036 •	446	286
5.385% due 04/25/2036 •(l)	15,907	10,307
6.495% due 10/25/2034 ~	105	100
6.720% due 06/25/2034 ~(l)	1,253	1,092
Hillcrest CDO Ltd. 5.075% due 12/10/2039 •(l)	32,573	6,822
Home Equity Mortgage Loan Asset-Backed Trust
5.005% due 11/25/2036 •(l)	3,362	2,854
5.085% due 04/25/2037 •(l)	17,645	11,540
5.165% due 04/25/2037 •	2,739	2,319
Hout Bay Corp.
4.422% due 07/05/2041 •	108,638	18,533
4.622% due 07/05/2041 •	4,871	527
4.752% due 07/05/2041 ~	1,690	0
HSI Asset Securitization Corp. Trust
4.985% due 12/25/2036 ~(l)	8,840	7,416
5.035% due 01/25/2037 •(l)	28,787	20,373
5.065% due 12/25/2036 •(l)	20,219	5,461
5.165% due 10/25/2036 •	6,611	2,726
5.185% due 12/25/2036 •	12,384	3,317
IndyMac Home Equity Mortgage Loan Asset-Backed Trust 5.697% due 12/25/2031 ^þ	467	207
IXIS Real Estate Capital Trust 5.820% due 09/25/2035 ^•(l)	2,983	2,909
JP Morgan Mortgage Acquisition Trust
5.005% due 08/25/2036 •	6	3
5.035% due 03/25/2047 ~	300	297
5.145% due 07/25/2036 ~	1,344	612
5.165% due 07/25/2036 ^•	998	274
5.462% due 09/25/2029 ^þ	2,671	1,661
5.888% due 10/25/2036 ^þ(l)	7,318	4,547
KGS-Alpha SBA COOF Trust 1.050% due 04/25/2038 «~(a)	964	20
Labrador Aviation Finance Ltd. 4.300% due 01/15/2042	3,336	2,734
Lehman ABS Mortgage Loan Trust 4.935% due 06/25/2037 •	3,476	2,436
Lehman XS Trust
4.346% due 05/25/2037 ^~(l)	6,855	5,780
6.670% due 06/24/2046 þ	327	349
LendingPoint Pass-Through Trust
0.000% due 03/15/2028 «(g)	1,400	325
0.000% due 04/15/2028 «(g)	1,700	523
LoanCore Issuer Ltd. 7.723% due 07/15/2035 ~(l)	2,705	2,510
Long Beach Mortgage Loan Trust
5.225% due 02/25/2036 •(l)	42,735	34,688
5.385% due 05/25/2046 ~	8,234	2,737
5.550% due 11/25/2035 •(l)	56,092	51,844
Madison Park Funding Ltd. 0.000% due 07/27/2047 ~	5,600	2,570
Margate Funding Ltd. 5.095% due 12/04/2044 •(l)	17,556	5,579
Marlette Funding Trust
0.000% due 07/16/2029 «(g)	16	1,258
0.000% due 09/17/2029 «(g)	35	2,889
0.000% due 03/15/2030 «(g)	33	1,131
0.000% due 09/16/2030 «(g)	9	452
MASTR Asset-Backed Securities Trust
5.065% due 08/25/2036 •	2,769	1,081
5.145% due 03/25/2036 •(l)	5,319	3,659
5.185% due 06/25/2036 •(l)	4,088	3,562
5.205% due 02/25/2036 •(l)	6,192	2,449
5.325% due 06/25/2036 •	2,674	1,027
5.385% due 12/25/2035 •(l)	15,155	12,390
5.415% due 01/25/2036 ~	196	190
Mid-State Trust 6.742% due 10/15/2040	2,905	2,859
Morgan Stanley ABS Capital, Inc. Trust
4.915% due 10/25/2036 •	1,431	635
4.945% due 11/25/2036 ~	1,225	693
4.965% due 09/25/2036 •	3,279	1,242
4.985% due 10/25/2036 ~(l)	7,442	3,311
4.995% due 11/25/2036 •(l)	13,352	7,561
5.065% due 10/25/2036 •	3,586	1,600
5.145% due 06/25/2036 •	5,237	2,866
5.145% due 09/25/2036 •	6,588	2,517
5.175% due 02/25/2037 •	4,593	2,263
5.880% due 01/25/2035 •(l)	6,376	5,123
6.795% due 05/25/2034 •	472	471

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Morgan Stanley Capital, Inc. Trust 5.205% due 03/25/2036 •		11	9
Morgan Stanley Home Equity Loan Trust 5.075% due 04/25/2037 •(l)		22,298	12,172
National Collegiate Commutation Trust 0.000% due 03/25/2038 •		135,200	41,091
New Century Home Equity Loan Trust 7.845% due 01/25/2033 ^•		253	215
Nomura Home Equity Loan, Inc. Home Equity Loan Trust
5.125% due 07/25/2036 ~(l)		3,500	2,843
5.175% due 10/25/2036 ^•		4,274	961
NovaStar Mortgage Funding Trust 5.185% due 11/25/2036 •		1,082	369
Oakwood Mortgage Investors, Inc.
4.914% due 06/15/2032 ~		1	1
7.840% due 11/15/2029 ~		1,239	1,260
8.490% due 10/15/2030 ^		1,166	1,092
OCP CLO Ltd. 0.000% due 07/20/2032 ~		11	4,370
Option One Mortgage Loan Trust
4.975% due 07/25/2037 •(l)		21,538	13,646
4.985% due 01/25/2037 •		277	183
4.985% due 01/25/2037 •(l)		8,116	4,728
5.065% due 01/25/2037 ~		1,655	964
5.095% due 03/25/2037 •		503	246
5.175% due 04/25/2037 ~		2,053	971
5.662% due 01/25/2037 ^þ		2	2
Orient Point CDO Ltd. 5.024% due 10/03/2045 •(l)		391,989	126,416
Ownit Mortgage Loan Trust 3.117% due 10/25/2035 þ		1,634	949
Palisades CDO Ltd. 5.766% due 07/22/2039 ~(l)		6,700	2,866
Park Place Securities, Inc. Asset-Backed Pass-Through Certificates
6.720% due 10/25/2034 •		1,161	1,073
6.870% due 12/25/2034 •(l)		25,974	23,047
PRET LLC
3.721% due 07/25/2051 þ		1,200	996
3.844% due 07/25/2051 þ		2,900	2,412
3.967% due 09/25/2051 þ(l)		3,900	3,447
6.170% due 07/25/2051 þ		2,100	1,970
7.870% due 06/25/2052 þ		3,500	3,385
Putnam Structured Product Funding Ltd. 1.584% due 10/15/2038 •(l)		816	572
RAAC Trust 7.470% due 05/25/2046 •(l)		17,151	15,505
Renaissance Home Equity Loan Trust 5.612% due 04/25/2037 þ		3,152	936
Residential Asset Mortgage Products Trust
5.210% due 08/25/2033 ~		375	365
5.345% due 04/25/2034 •(l)		1,509	1,465
5.425% due 04/25/2034 •		618	604
5.895% due 04/25/2034 ^•		1,041	951
6.165% due 04/25/2034 ^•		1,738	1,582
Residential Asset Securities Corp. Trust
5.105% due 11/25/2036 ~(l)		4,801	4,361
5.185% due 10/25/2036 •(l)		3,744	3,536
5.277% due 12/25/2035 •(l)		7,597	6,676
5.325% due 08/25/2036 •(l)		9,989	8,858
5.340% due 04/25/2036 •(l)		5,975	5,167
Rockford Tower CLO Ltd.
0.000% due 10/15/2029 ~		11,667	3,351
0.000% due 10/20/2030 ~		4,967	2,008
0.000% due 10/20/2031 ~		4,967	2,098
0.000% due 04/20/2034 ~		22,000	11,237
Saxon Asset Securities Trust
1.584% due 11/25/2035 •(l)		5,547	3,407
2.198% due 03/25/2035 •		5,156	2,849
Securitized Asset-Backed Receivables LLC Trust
5.075% due 02/25/2037 ^•		229	100
5.125% due 07/25/2036 •(l)		12,866	10,377
5.165% due 07/25/2036 •		2,235	785
5.345% due 05/25/2036 •(l)		15,760	8,489
5.445% due 11/25/2035 •(l)		10,809	8,755
5.505% due 08/25/2035 ^•(l)		1,659	1,267
5.520% due 01/25/2035 •(l)		6	6
Segovia European CLO DAC 0.000% due 04/15/2035 ~	EUR	1,400	679
SLM Student Loan EDC Repackaging Trust 0.000% due 10/28/2029 «(g)	$	36	19,912
SLM Student Loan Trust 0.000% due 01/25/2042 «(g)		31	9,158
SMB Private Education Loan Trust
0.000% due 10/15/2048 «(g)		8	2,477
0.000% due 09/15/2054 «(g)		57,478	68,003
0.000% due 11/16/2054 «(g)		5	4,541

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


0.000% due 02/16/2055 «(g)		9	12,524
5.950% due 02/16/2055 (l)		11,206	10,503
SoFi Professional Loan Program LLC 0.000% due 01/25/2039 «(g)		33,000	2,339
0.000% due 05/25/2040 (g)		31,475	3,151
0.000% due 07/25/2040 «(g)		157	1,875
0.000% due 09/25/2040 «(g)		14,219	1,945
Soloso CDO Ltd. 5.132% due 10/07/2037 ~		17,418	14,370
Soundview Home Loan Trust
4.995% due 06/25/2037 ~		2,311	1,569
5.025% due 02/25/2037 ~		7,146	2,056
5.105% due 02/25/2037 •		8,293	2,414
5.125% due 06/25/2037 •(l)		5,711	3,878
5.795% due 10/25/2037 ~(l)		4,407	3,206
5.945% due 09/25/2037 •		1,778	1,428
South Coast Funding Ltd.
0.476% due 01/06/2041 •(l)		168,529	32,468
0.476% due 01/06/2041 •		48	9
Specialty Underwriting & Residential Finance Trust
4.169% due 02/25/2037 ^þ		2,567	1,020
4.188% due 06/25/2037 •		3,052	1,481
5.195% due 03/25/2037 •		296	165
Start Ltd. 4.089% due 03/15/2044		665	589
Structured Asset Securities Corp. 10.845% due 05/25/2032 ^•(l)		5,255	4,407
Structured Asset Securities Corp. Mortgage Loan Trust 5.295% due 06/25/2035 •		14	14
Symphony CLO Ltd. 9.392% due 07/14/2026 •(l)		15,100	14,955
Taberna Preferred Funding Ltd.
5.146% due 05/05/2038 ~(l)		2,638	2,453
5.156% due 02/05/2037 ~		13,758	12,107
5.186% due 08/05/2036 •		2,973	2,587
5.186% due 08/05/2036 ^•		11,959	10,404
Talon Funding Ltd. 5.476% due 06/05/2035 •		676	105
Tropic CDO Ltd. 5.112% due 07/15/2036 •		3,362	3,093
UCFC Home Equity Loan Trust 7.750% due 04/15/2030 ~		386	364
Verde CDO Ltd. 5.012% due 10/05/2045 •(l)		240,688	58,401

Total Asset-Backed Securities (Cost $1,925,147)			1,424,525

SOVEREIGN ISSUES 1.7%
Argentina Government International Bond
0.500% due 07/09/2030 þ		31,687	7,964
1.000% due 07/09/2029 (l)		5,302	1,480
1.450% due 08/13/2023	ARS	1,376,153	3,313
1.500% due 07/09/2035 þ	$	35,144	8,523
1.500% due 07/09/2046 þ		230	61
3.500% due 07/09/2041 þ(l)		17,060	4,794
3.875% due 01/09/2038 þ(l)		76,360	23,822
15.500% due 10/17/2026 (l)	ARS	555,410	320
Autonomous City of Buenos Aires 74.828% (BADLARPP + 3.750%) due 02/22/2028 ~		155,766	377
Ecuador Government International Bond 5.500% due 07/31/2030 þ	$	2,960	1,390
Ghana Government International Bond
6.375% due 02/11/2027 ^(d)(l)		4,477	1,625
7.875% due 02/11/2035 ^(d)(l)		5,412	1,903
8.750% due 03/11/2061 ^(d)(l)		1,500	510
Peru Government International Bond
5.350% due 08/12/2040	PEN	100	21
5.400% due 08/12/2034		1	0
6.150% due 08/12/2032		5	1
6.350% due 08/12/2028 (l)		1,000	259
6.350% due 08/12/2028		922	239
6.900% due 08/12/2037		15	4
6.950% due 08/12/2031		5	1
8.200% due 08/12/2026 (l)		1,740	484
8.200% due 08/12/2026		250	70
Provincia de Buenos Aires 73.663% due 04/12/2025 (l)	ARS	2,270,878	4,864
Russia Government International Bond
5.100% due 03/28/2035 «	$	600	36
5.625% due 04/04/2042		10,200	6,548
5.875% due 09/16/2043		200	119
Turkiye Ihracat Kredi Bankasi AS 8.250% due 01/24/2024 (l)		1,400	1,405
Ukraine Government International Bond
4.375% due 01/27/2032 ^(d)	EUR	10,155	1,927
6.876% due 05/21/2031 ^(d)	$	13,000	2,295

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Venezuela Government International Bond
8.250% due 10/13/2024 ^(d)	136	15
9.250% due 09/15/2027 ^(d)	734	79

Total Sovereign Issues (Cost $169,534)		74,449

	SHARES
COMMON STOCKS 2.3%
COMMUNICATION SERVICES 0.1%
Clear Channel Outdoor Holdings, Inc. (e)	4,853,248	5,824

CONSUMER DISCRETIONARY 0.2%
Caesars Entertainment, Inc. (e)	2	0
Desarrolladora Homex SAB de CV (e)	719,113	1
iHeartMedia, Inc. 'A' (e)	2,021,190	7,882
Promotora de Informaciones SA (e)	4,079,279	1,608
Urbi Desarrollos Urbanos SAB de CV (e)	4,776	2

		9,493

ENERGY 0.0%
Axis Energy Services 'A' «(e)(j)	17,105	566
Constellation Oil 'B' «(e)(j)	252,651	27

		593

FINANCIALS 1.3%
Banca Monte dei Paschi di Siena SpA (e)	6,139,000	13,352
Credit Suisse Group AG	277,457	250
Intelsat Emergence SA «(e)(j)	1,751,422	42,910

		56,512

INDUSTRIALS 0.4%
Mcdermott International Ltd. «(e)	584,497	199
Syniverse Holdings, Inc. «(j)	16,373,383	15,429
Voyager Aviation Holdings LLC «(e)	16,278	0
Westmoreland Mining Holdings «(e)(j)	240,900	722

		16,350

REAL ESTATE 0.0%
Stearns Holding LLC 'B' «(e)	59,964	0

UTILITIES 0.3%
TexGen Power LLC «(e)(j)	450,094	12,490

Total Common Stocks (Cost $251,731)		101,262

RIGHTS 0.0%
FINANCIALS 0.0%
Intelsat Jackson Holdings SA «(e)	188,308	1,177

Total Rights (Cost $0)		1,177

WARRANTS 1.0%
FINANCIALS 0.0%
Guranteed Rate, Inc. - Exp. 12/31/2060 «	288	0
Intelsat Emergence SA - Exp. 02/17/2027 «	13,833	27
Intelsat Jackson Holdings SA-Exp. 12/05/2025 «	182,955	1,281

		1,308

INFORMATION TECHNOLOGY 1.0%
Windstream Holdings LLC - Exp. 9/21/2055 «	3,155,914	42,759

Total Warrants (Cost $68,645)		44,067

PREFERRED SECURITIES 3.5%
FINANCIALS 3.0%
AGFC Capital Trust 6.542% (US0003M + 1.750%) due 01/15/2067 ~(l)	35,500,000	20,121
American AgCredit Corp. 5.250% due 06/15/2026 •(i)	10,000,000	8,977

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Capital Farm Credit ACA 5.000% due 03/15/2026 •(i)(l)		4,300,000		3,971
Compeer Financial ACA 4.875% due 08/15/2026 •(i)(l)		1,900,000		1,959
OCP CLO Ltd. 0.000% due 04/26/2028 (g)		2,600		1,292
Stichting AK Rabobank Certificaten 6.500% due 12/29/2049 þ(i)		93,550,000		97,963
SVB Financial Group
4.250% due 11/15/2026 ^(d)(i)		1,000,000		66
4.700% due 11/15/2031 ^(d)(i)		1,593,000		106

				134,455

INDUSTRIALS 0.5%
Voyager Aviation Holdings LLC «		97,668		22,635

Total Preferred Securities (Cost $199,218)				157,090

REAL ESTATE INVESTMENT TRUSTS 0.7%
REAL ESTATE 0.7%
CBL & Associates Properties, Inc.		17,153		440
Uniti Group, Inc.		1,591,211		5,649
VICI Properties, Inc.		711,293		23,202

Total Real Estate Investment Trusts (Cost $18,967)				29,291

		PRINCIPAL AMOUNT (000s)
SHORT-TERM INSTRUMENTS 11.6%
REPURCHASE AGREEMENTS (k) 9.4%				414,908

SHORT-TERM NOTES 0.0%
Corestate Capital Holding SA 8.000% due 04/15/2023 «(j)	EUR	400		435

ARGENTINA TREASURY BILLS 0.1%
22.719% due 05/19/2023 - 09/18/2023 (f)(g)(h)	ARS	1,462,468		3,535

U.S. TREASURY BILLS 2.1%
4.471% due 04/06/2023 - 05/25/2023 (f)(g)(l)(p)	$	94,158		93,818

Total Short-Term Instruments (Cost $513,532)				512,696

Total Investments in Securities (Cost $9,055,962)				7,472,905

		SHARES
INVESTMENTS IN AFFILIATES 2.1%
COMMON STOCKS 2.1%
AFFILIATED INVESTMENTS 2.1%
Neiman Marcus Group Ltd. LLC «(e)(j)		602,840	$	93,147
Sierra Hamilton Holder LLC «(e)(j)		30,337,712		3

				93,150

Total Common Stocks (Cost $27,066)				93,150

Total Investments in Affiliates (Cost $27,066)				93,150

Total Investments 170.5% (Cost $9,083,228)			$	7,566,055
Financial Derivative Instruments (m)(n) (0.5)%(Cost or Premiums, net $(83,661))				(24,064)
Other Assets and Liabilities, net (70.0)%				(3,104,838)

Net Assets 100.0%			$	4,437,153

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)



NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:

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

¤	The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.
^	Security is in default.
«	Security valued using significant unobservable inputs (Level 3).
µ	All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.
~	Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.
•	Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.
þ	Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.
(a)	Security is an Interest Only ("IO") or IO Strip.
(b)	Principal only security.
(c)	Payment in-kind security.
(d)	Security is not accruing income as of the date of this report.
(e)	Security did not produce income within the last twelve months.
(f)	Coupon represents a weighted average yield to maturity.
(g)	Zero coupon security.
(h)	Principal amount of security is adjusted for inflation.
(i)	Perpetual maturity; date shown, if applicable, represents next contractual call date.
(j)	RESTRICTED SECURITIES:
Issuer Description								Acquisition Date								Cost								Market Value					Market Value as Percentage of Net Assets

Axis Energy Services 'A'								07/01/2021				$				252					$			566					0.01
Buffalo Thunder Development Authority 0.000% due 11/15/2029								12/08/2014								15								2					0.00
Constellation Oil 'B'								06/10/2022								27								27					0.00
Corestate Capital Holding SA 8.000% due 04/15/2023								12/06/2022								419								435					0.01
Intelsat Emergence SA								06/19/2017 - 02/23/2022								114,056								42,910					0.97
Neiman Marcus Group Ltd. LLC								09/25/2020								0								0					0.00
Preylock Reitman Santa Cruz Mezz LLC 0.000% due 11/09/2023								04/09/2018								37,126								36,850					0.83
Project Anfora Senior 5.078% due 10/01/2026								09/30/2019								38,169								37,112					0.84
Sierra Hamilton Holder LLC								07/31/2017								0								0					0.00
Syniverse Holdings, Inc.								05/12/2022 - 11/30/2022								16,067								15,429					0.35
TexGen Power LLC								07/20/2018								14,263								12,490					0.28
Westmoreland Mining Holdings								12/08/2014 - 03/26/2019								7,008								722					0.01

											$				227,402					$			146,543					3.30%

BORROWINGS AND OTHER FINANCING TRANSACTIONS
(k)	REPURCHASE AGREEMENTS:
Counterparty		Lending Rate	Settlement Date	Maturity Date		Principal Amount	Collateralized By						Collateral (Received)						Repurchase Agreements, at Value							Repurchase Agreement Proceeds to be Received(1)

BPS		4.820%	04/03/2023	04/04/2023	$	169,200	U.S. Treasury Inflation Protected Securities 0.875% due 01/15/2029				$			(172,563)				$				169,200			$		169,200
		4.890	03/31/2023	04/03/2023		226,600	U.S. Treasury Inflation Protected Securities 0.125% - 0.500% due 01/15/2028 - 02/15/2051							(232,522)								226,600					226,692
FICC		2.200	03/31/2023	04/03/2023		5,908	U.S. Treasury Inflation Protected Securities 0.125% due 07/15/2024							(6,026)								5,908					5,908
RCY		4.920	03/31/2023	04/03/2023		13,200	U.S. Treasury Notes 0.625% due 05/15/2030							(13,533)								13,200					13,206

Total Repurchase Agreements									$	(424,644)						$	414,908					$	415,006

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


REVERSE REPURCHASE AGREEMENTS:
Counterparty	Borrowing Rate(2)	Settlement Date	Maturity Date		Amount Borrowed(2)		Payable for Reverse Repurchase Agreements

BNY	5.450%	10/20/2022	04/20/2023	$	(94,906)	$	(97,277)
	5.654	01/09/2023	04/10/2023		(25,400)		(25,736)
	5.750	11/17/2022	05/09/2023		(2,215)		(2,263)
	5.850	01/17/2023	07/17/2023		(2,060)		(2,086)
	5.930	02/03/2023	08/03/2023		(57,141)		(57,696)
	5.935	02/06/2023	08/07/2023		(38,530)		(38,886)
	6.299	03/09/2023	09/08/2023		(30,217)		(30,349)
BOM	5.300	03/23/2023	06/01/2023		(3,697)		(3,703)
BOS	5.100	01/10/2023	04/12/2023		(10,922)		(11,050)
	5.600	03/23/2023	07/21/2023		(363)		(364)
	5.650	03/28/2023	07/27/2023		(16,100)		(16,115)
	5.870	03/23/2023	07/21/2023		(10,723)		(10,742)
	5.970	03/23/2023	07/21/2023		(3,575)		(3,581)
	6.070	03/29/2023	07/28/2023		(8,158)		(8,165)
BPS	(0.500)	12/21/2022	TBD(3)	EUR	(2,477)		(2,678)
	3.110	02/09/2023	05/10/2023		(10,740)		(11,701)
	3.200	12/21/2022	TBD(3)		(2,287)		(2,488)
	4.607	02/02/2023	05/03/2023	GBP	(7,335)		(9,116)
	5.230	02/17/2023	06/20/2023	$	(10,537)		(10,606)
	5.500	03/14/2023	07/14/2023		(102,918)		(103,217)
	5.520	03/16/2023	07/17/2023		(22,167)		(22,225)
	5.520	03/23/2023	07/21/2023		(2,024)		(2,028)
	5.550	03/01/2023	07/31/2023		(3,959)		(3,978)
	5.650	01/17/2023	10/17/2023		(8,343)		(8,442)
	5.970	03/09/2023	07/07/2023		(71,211)		(71,497)
	5.970	03/16/2023	07/14/2023		(99,038)		(99,320)
	6.020	03/16/2023	07/14/2023		(3,212)		(3,221)
	6.070	03/09/2023	07/07/2023		(3,419)		(3,433)
	6.070	03/16/2023	07/14/2023		(15,127)		(15,171)
	6.070	03/28/2023	09/22/2023		(8,850)		(8,859)
	6.170	03/28/2023	09/22/2023		(1,788)		(1,790)
	6.270	03/09/2023	07/07/2023		(3,494)		(3,508)
	6.270	03/16/2023	07/14/2023		(2,881)		(2,890)
BRC	3.028	01/17/2023	04/17/2023	EUR	(4,256)		(4,645)
	3.080	03/31/2023	TBD(3)		(8,337)		(9,044)
	3.250	03/31/2023	TBD(3)		(3,034)		(3,291)
	4.100	03/24/2023	TBD(3)	$	(530)		(531)
	4.450	02/09/2023	05/10/2023	GBP	(607)		(753)
	4.550	03/24/2023	TBD(3)	$	(559)		(560)
	4.700	03/24/2023	TBD(3)		(608)		(608)
	5.100	03/24/2023	TBD(3)		(993)		(995)
	5.150	03/24/2023	TBD(3)		(5,908)		(5,917)
	5.410	02/21/2023	05/22/2023		(2,920)		(2,938)
	5.500	03/24/2023	TBD(3)		(46,680)		(46,751)
	5.685	01/11/2023	04/14/2023		(22,437)		(22,728)
	5.980	01/20/2023	07/20/2023		(5,335)		(5,400)
	6.000	01/23/2023	07/24/2023		(16,501)		(16,694)
	6.010	02/03/2023	08/03/2023		(4,879)		(4,927)
	6.010	02/16/2023	08/03/2023		(1,919)		(1,933)
	6.015	02/07/2023	08/07/2023		(1,805)		(1,822)
	6.030	01/20/2023	07/20/2023		(26,860)		(27,188)
	6.050	01/17/2023	07/19/2023		(21,418)		(21,692)
	6.060	02/03/2023	08/03/2023		(19,565)		(19,760)
	6.090	01/30/2023	08/30/2023		(29,665)		(29,981)
	6.090	02/10/2023	08/10/2023		(1,333)		(1,345)
	6.100	01/17/2023	07/19/2023		(9,101)		(9,218)
	6.110	02/14/2023	08/14/2023		(12,805)		(12,909)
	6.170	02/16/2023	06/06/2023		(6,624)		(6,674)
	6.250	02/15/2023	09/15/2023		(33,724)		(33,999)
	6.270	01/06/2023	06/06/2023		(23,639)		(23,979)
	6.270	02/28/2023	08/28/2023		(25,541)		(25,692)
BYR	5.300	03/30/2023	09/27/2023		(16,172)		(16,182)
	5.300	04/03/2023	09/27/2023		(11,588)		(11,588)
	5.480	10/26/2022	04/26/2023		(834)		(852)
	5.480	01/20/2023	08/03/2023		(15,227)		(15,387)
	5.520	01/19/2023	10/19/2023		(20,283)		(20,501)
	5.520	01/20/2023	10/19/2023		(7,356)		(7,434)
	5.520	03/30/2023	09/20/2023		(556)		(556)
	5.530	03/23/2023	09/19/2023		(29,058)		(29,104)
	5.530	03/24/2023	09/20/2023		(6,345)		(6,355)
	5.530	03/30/2023	09/20/2023		(8,029)		(8,034)
	5.540	03/23/2023	09/20/2023		(11,668)		(11,688)
CDC	4.760	10/07/2022	04/05/2023		(5,884)		(6,023)
	4.790	10/07/2022	04/05/2023		(4,768)		(4,881)
	5.240	03/03/2023	05/02/2023		(208)		(209)
	5.350	01/30/2023	07/28/2023		(6,985)		(7,050)
	5.370	02/13/2023	08/11/2023		(3,434)		(3,459)
	5.430	02/17/2023	08/16/2023		(992)		(999)

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


	5.560	01/30/2023	07/28/2023		(6,313)	(6,374)
	5.570	02/10/2023	08/09/2023		(99)	(100)
	5.610	02/13/2023	05/15/2023		(8,386)	(8,450)
	5.630	02/13/2023	08/11/2023		(17,002)	(17,132)
	5.640	02/07/2023	08/04/2023		(11,400)	(11,498)
	5.880	02/17/2023	08/16/2023		(3,604)	(3,630)
CDI	3.610	02/22/2023	08/22/2023	EUR	(5,065)	(5,515)
CEW	4.400	03/09/2023	08/04/2024	GBP	(3,317)	(4,103)
	5.450	01/23/2023	04/24/2023	$	(6,298)	(6,365)
	5.530	03/24/2023	TBD(3)		(672)	(673)
	5.550	03/24/2023	TBD(3)		(1,481)	(1,483)
	5.580	03/24/2023	TBD(3)		(450)	(451)
	5.650	01/23/2023	04/24/2023		(5,260)	(5,317)
CIB	5.390	01/17/2023	07/17/2023		(615)	(622)
DBL	2.690	01/16/2023	04/14/2023	EUR	(13,944)	(15,208)
	2.950	02/06/2023	05/08/2023		(7,921)	(8,629)
	3.160	03/22/2023	TBD(3)		(815)	(884)
	3.170	03/22/2023	TBD(3)		(390)	(424)
	6.386	03/14/2023	05/12/2023	$	(85,300)	(85,603)
	6.436	03/14/2023	05/12/2023		(7,282)	(7,308)
IND	2.990	02/07/2023	05/10/2023	EUR	(924)	(1,007)
	3.020	02/07/2023	05/10/2023		(1,784)	(1,943)
	4.600	02/15/2023	05/16/2023	GBP	(839)	(1,041)
	4.970	12/05/2022	04/03/2023	$	(2,992)	(3,041)
	5.230	02/01/2023	08/01/2023		(8,299)	(8,373)
	5.300	04/03/2023	08/03/2023		(2,993)	(2,993)
	5.330	02/01/2023	08/01/2023		(7,863)	(7,934)
	5.330	03/30/2023	07/31/2023		(776)	(777)
	5.460	03/07/2023	07/07/2023		(6,987)	(7,015)
	5.460	03/30/2023	07/07/2023		(4,280)	(4,280)
	5.480	03/07/2023	07/07/2023		(6,876)	(6,904)
	5.540	03/07/2023	07/07/2023		(4,913)	(4,934)
JML	2.500	09/14/2022	TBD(3)	EUR	(1,360)	(1,489)
	2.500	10/14/2022	TBD(3)		(4,760)	(5,195)
	2.950	02/02/2023	05/04/2023		(4,265)	(4,648)
	2.950	02/03/2023	05/04/2023		(48,036)	(52,344)
	3.000	02/07/2023	05/10/2023		(1,559)	(1,699)
	3.000	02/15/2023	05/16/2023		(8,627)	(9,393)
	3.000	03/02/2023	04/03/2023		(18,308)	(19,909)
	3.050	09/14/2022	TBD(3)		(15,063)	(16,495)
	3.050	02/07/2023	05/10/2023		(28,925)	(31,513)
	3.070	03/09/2023	TBD(3)		(20,336)	(22,084)
	3.317	04/03/2023	06/05/2023		(16,647)	(18,053)
	4.800	01/30/2023	04/27/2023	GBP	(4,527)	(5,629)
	4.900	01/30/2023	04/27/2023		(7,735)	(9,621)
	5.150	03/24/2023	05/05/2023	$	(662)	(663)
	5.200	03/24/2023	05/05/2023		(10,432)	(10,448)
	5.250	03/24/2023	05/05/2023		(30,885)	(30,930)
JPS	5.630	02/02/2023	05/02/2023		(22,871)	(23,085)
	5.680	02/02/2023	05/02/2023		(1,384)	(1,398)
	5.810	02/06/2023	05/08/2023		(3,495)	(3,526)
	6.230	03/21/2023	07/19/2023		(11,277)	(11,302)
	6.287	02/14/2023	10/12/2023		(5,363)	(5,408)
MBC	4.770	02/14/2023	05/15/2023	GBP	(10,276)	(12,755)
	4.820	02/14/2023	05/15/2023		(6,567)	(8,152)
MEI	4.335	01/17/2023	04/17/2023		(1,372)	(1,708)
	4.344	01/17/2023	04/17/2023		(15,764)	(19,620)
	4.437	01/23/2023	04/24/2023		(831)	(1,033)
	4.535	01/17/2023	04/17/2023		(2,867)	(3,569)
	5.600	03/23/2023	07/21/2023	$	(12,216)	(12,235)
MSB	4.636	01/23/2023	04/24/2023	GBP	(1,366)	(1,700)
	5.980	10/14/2022	04/12/2023	$	(16,646)	(17,061)
	6.070	03/16/2023	09/15/2023		(5,548)	(5,564)
	6.070	03/23/2023	09/21/2023		(21,318)	(21,356)
	6.070	04/03/2023	09/26/2023		(30,647)	(30,646)
	6.080	01/27/2023	07/26/2023		(15,896)	(16,065)
	6.080	02/03/2023	07/31/2023		(15,414)	(15,561)
	6.120	03/30/2023	09/26/2023		(10,582)	(10,589)
	6.120	04/03/2023	09/26/2023		(5,778)	(5,778)
	6.130	02/16/2023	07/31/2023		(4,719)	(4,754)
	6.170	04/03/2023	09/26/2023		(12,852)	(12,852)
	6.180	03/30/2023	09/26/2023		(21,421)	(21,436)
MZF	6.050	03/20/2023	09/20/2023		(762)	(764)
	6.080	03/28/2023	09/25/2023		(38,447)	(38,486)
	6.320	03/09/2023	09/08/2023		(15,843)	(15,913)
NOM	5.400	01/03/2023	04/06/2023		(794)	(805)
	5.700	03/24/2023	TBD(3)		(16,839)	(16,866)
	5.750	01/03/2023	04/06/2023		(369)	(375)
NXN	4.850	03/30/2023	04/06/2023		(75)	(75)
	5.320	03/30/2023	04/04/2023		(642)	(642)
	5.430	03/30/2023	04/12/2023		(1,679)	(1,680)
	5.560	03/30/2023	07/28/2023		(2,478)	(2,479)
	5.570	03/30/2023	08/09/2023		(1,077)	(1,078)
	5.630	03/30/2023	08/11/2023		(1,508)	(1,509)
	5.630	04/04/2023	10/02/2023		(635)	(635)
	5.680	03/30/2023	08/16/2023		(13,631)	(13,639)

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


RBC	5.760	03/13/2023	07/13/2023		(3,159)	(3,170)
	6.220	02/06/2023	08/07/2023		(2,116)	(2,136)
	6.500	03/17/2023	07/17/2023		(69,850)	(70,060)
RCE	1.500	02/08/2023	TBD(3)	EUR	(4,679)	(5,082)
	2.950	02/08/2023	TBD(3)		(21,744)	(23,667)
	3.000	02/08/2023	TBD(3)		(991)	(1,078)
	3.050	02/08/2023	TBD(3)		(20,542)	(22,362)
	3.566	02/09/2023	04/28/2023		(3,455)	(3,766)
RCY	5.400	01/17/2023	07/17/2023	$	(10,351)	(10,469)
	5.450	03/20/2023	06/20/2023		(4,043)	(4,052)
	5.660	02/17/2023	09/18/2023		(1,744)	(1,756)
RDR	4.970	01/31/2023	04/03/2023		(23,382)	(23,583)
	4.970	02/03/2023	04/03/2023		(146)	(147)
	4.970	02/06/2023	04/06/2023		(1,499)	(1,511)
	4.970	02/13/2023	04/13/2023		(689)	(694)
	5.250	03/30/2023	05/30/2023		(442)	(442)
	5.320	04/03/2023	06/02/2023		(10,918)	(10,918)
RTA	5.470	03/14/2023	07/13/2023		(24,411)	(24,483)
	5.545	03/23/2023	07/24/2023		(13,942)	(13,965)
	5.570	03/21/2023	07/21/2023		(21,439)	(21,481)
	5.650	03/03/2023	04/03/2023		(11,772)	(11,829)
	5.680	03/03/2023	04/03/2023		(3,317)	(3,333)
	5.920	02/03/2023	08/03/2023		(30,883)	(31,170)
	5.920	03/29/2023	07/28/2023		(7,764)	(7,771)
	5.960	03/29/2023	07/31/2023		(8,057)	(8,064)
	5.970	03/29/2023	07/28/2023		(5,598)	(5,602)
	5.990	04/03/2023	08/03/2023		(11,627)	(11,627)
	6.000	02/07/2023	08/04/2023		(30,061)	(30,325)
	6.010	04/03/2023	08/03/2023		(3,258)	(3,258)
	6.020	02/03/2023	08/03/2023		(7,810)	(7,882)
	6.020	02/07/2023	08/04/2023		(16,856)	(17,004)
	6.020	02/14/2023	08/11/2023		(10,538)	(10,620)
	6.020	03/29/2023	07/31/2023		(7,142)	(7,148)
	6.070	04/03/2023	07/03/2023		(5,512)	(5,512)
	6.080	01/03/2023	04/03/2023		(5,254)	(5,330)
	6.170	03/14/2023	05/15/2023		(22,560)	(22,635)
SBI	6.070	01/17/2023	07/17/2023		(27,553)	(27,888)
	6.170	01/17/2023	07/17/2023		(24,598)	(24,897)
	6.220	01/17/2023	07/17/2023		(13,298)	(13,459)
SGY	4.900	03/30/2023	04/12/2023		(210)	(210)
	5.560	03/30/2023	08/03/2023		(19,610)	(19,622)
SOG	4.900	10/12/2022	04/12/2023		(22,477)	(23,006)
	5.100	01/31/2023	04/28/2023		(740)	(747)
	5.100	03/15/2023	04/28/2023		(1,731)	(1,736)
	5.310	02/14/2023	05/15/2023		(11,259)	(11,339)
	5.380	02/06/2023	08/03/2023		(754)	(760)
	5.430	03/10/2023	07/10/2023		(3,753)	(3,765)
	5.430	03/14/2023	07/14/2023		(14,337)	(14,378)
	5.430	03/15/2023	07/14/2023		(5,258)	(5,273)
	5.480	01/24/2023	07/24/2023		(866)	(875)
	5.490	01/27/2023	07/27/2023		(2,172)	(2,194)
	5.520	01/30/2023	07/28/2023		(9,288)	(9,378)
	5.520	02/02/2023	08/02/2023		(6,131)	(6,187)
	5.540	02/06/2023	08/03/2023		(1,087)	(1,096)
	5.540	03/31/2023	08/03/2023		(4,867)	(4,869)
	5.630	01/31/2023	07/31/2023		(1,681)	(1,698)
	5.690	02/17/2023	08/17/2023		(3,418)	(3,442)
	5.742	11/10/2022	05/10/2023		(18,578)	(19,004)
	5.750	02/22/2023	08/22/2023		(19,447)	(19,571)
	5.756	11/18/2022	05/18/2023		(5,737)	(5,862)
	5.792	11/10/2022	05/10/2023		(12,285)	(12,570)
	5.920	03/31/2023	09/29/2023		(1,836)	(1,837)
	6.000	03/13/2023	08/10/2023		(4,825)	(4,841)
	6.070	02/02/2023	08/02/2023		(45,145)	(45,584)
	6.070	03/29/2023	09/29/2023		(10,072)	(10,080)
	6.070	03/31/2023	09/29/2023		(5,913)	(5,916)
	6.078	01/27/2023	07/27/2023		(9,519)	(9,625)
	6.120	03/29/2023	09/29/2023		(16,932)	(16,946)
UBS	5.260	03/30/2023	04/19/2023		(1,263)	(1,264)
	5.290	03/30/2023	04/17/2023		(12,889)	(12,896)
ULO	2.648	01/16/2023	04/17/2023	EUR	(4,714)	(5,140)
	3.071	02/14/2023	05/15/2023		(13,642)	(14,855)
	3.104	02/22/2023	05/23/2023		(348)	(379)
	3.271	02/14/2023	05/15/2023		(4,780)	(5,206)
	4.580	02/14/2023	05/15/2023	GBP	(2,041)	(2,533)
	5.260	01/19/2023	04/19/2023	$	(1,606)	(1,624)
	5.290	01/17/2023	04/17/2023		(12,150)	(12,286)
	5.350	01/13/2023	04/13/2023		(524)	(530)
	5.550	02/03/2023	08/03/2023		(44,142)	(44,543)
	5.590	02/03/2023	08/03/2023		(16,640)	(16,792)
	5.630	01/09/2023	06/08/2023		(3,075)	(3,115)
	5.630	01/10/2023	06/09/2023		(2,261)	(2,291)
	5.650	01/19/2023	07/19/2023		(38,480)	(38,927)
	5.650	01/30/2023	07/28/2023		(1,931)	(1,950)
	5.660	01/31/2023	07/28/2023		(8,719)	(8,803)
	5.780	01/06/2023	04/06/2023		(25,915)	(26,277)

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


											5.780									01/13/2023														04/13/2023													(10,122)											(10,252)
											5.800									01/09/2023														04/10/2023													(7,171)											(7,268)
											5.910									02/06/2023														08/04/2023													(3,682)											(3,715)
											5.960									02/06/2023														08/04/2023													(14,942)											(15,081)
											6.040									02/17/2023														06/16/2023													(4,137)											(4,168)
											6.060									01/27/2023														07/27/2023													(27,533)											(27,839)
											6.060									02/06/2023														08/04/2023													(2,158)											(2,178)
											6.080									02/01/2023														08/01/2023													(15,552)											(15,712)
											6.110									02/06/2023														08/04/2023													(1,130)											(1,140)
											6.160									02/06/2023														08/04/2023													(1,813)											(1,831)
											6.170									01/30/2023														07/28/2023													(44,020)											(44,495)
											6.260									01/17/2023														10/17/2023													(15,264)											(15,466)
											6.365									03/31/2023														09/26/2023													(4,593)											(4,596)

Total Reverse Repurchase Agreements																																																								$		(3,144,419)

(l)	Securities with an aggregate market value of $6,487,733 and cash of $28,647 have been pledged as collateral under the terms of master agreements as of March 31, 2023.
(1)	Includes accrued interest.
(2)	The average amount of borrowings outstanding during the period ended March 31, 2023 was $(3,281,134) at a weighted average interest rate of 3.728%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.
(3)	Open maturity reverse repurchase agreement.
(m)	FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED
FUTURES CONTRACTS:
SHORT FUTURES CONTRACTS
													Variation Margin
Description										Expiration Month						# of Contracts									Notional Amount														Unrealized Appreciation/ (Depreciation)										Asset													Liability

3-Month SOFR Active Contract December Futures										03/2024						179					$				(42,826)										$				725									$	0								$					(9)
3-Month SOFR Active Contract December Futures										03/2025						93									(22,523)														205										0													(16)
3-Month SOFR Active Contract December Futures										03/2026						102									(24,752)														199										0													(17)
3-Month SOFR Active Contract June Futures										09/2024						117									(28,207)														339										0													(17)
3-Month SOFR Active Contract June Futures										09/2025						94									(22,797)														193										0													(15)
3-Month SOFR Active Contract March Futures										06/2024						155									(37,237)														527										0													(19)
3-Month SOFR Active Contract March Futures										06/2025						85									(20,605)														180										0													(15)
3-Month SOFR Active Contract March Futures										06/2026						95									(23,054)														178										0													(17)
3-Month SOFR Active Contract September Futures										12/2024						108									(26,112)														264										0													(18)
3-Month SOFR Active Contract September Futures										12/2025						76									(18,438)														152										0													(12)

Total Futures Contracts															$				2,962										$	0										$			(155)

SWAP AGREEMENTS:
CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION(1)
													Variation Margin
Reference Entity			Fixed Receive Rate	Payment Frequency		Maturity Date		Implied Credit Spread at March 31, 2023(2)										Notional Amount(3)								Premiums Paid/ (Received)										Unrealized Appreciation/ (Depreciation)								Market Value(4)									Asset										Liability

Jaguar Land Rover Automotive			5.000%	Quarterly		06/20/2026		6.588				%			EUR			600				$				38					$					(64)					$			(26)						$			6						$				0
Jaguar Land Rover Automotive			5.000	Quarterly		12/20/2026		7.084										12,613								637										(1,464)								(827)									132										0
Rolls-Royce PLC			1.000	Quarterly		12/20/2025		1.695										2,700								(284)										233								(51)									1										0

																							$				391					$					(1,295)					$			(904)						$			139						$				0

INTEREST RATE SWAPS
													Variation Margin
Pay/ Receive Floating Rate		Floating Rate Index			Fixed Rate		Payment Frequency		Maturity Date								Notional Amount											Premiums Paid/ (Received)										Unrealized Appreciation/ (Depreciation)								Market Value									Asset										Liability

Receive		1-Day GBP-SONIO Compounded-OIS			0.500%		Annual		09/16/2030					GBP			27,000							$				335					$					6,706					$			7,041						$			96						$				0
Receive		1-Day GBP-SONIO Compounded-OIS			0.750		Annual		09/21/2052								28,300											(2,278)										18,918								16,640									181										0
Receive(5)		1-Day USD-SOFR Compounded-OIS			2.450		Annual		12/20/2024					$			189,000											(13)										2,344								2,331									0										(149)
Receive(5)		1-Day USD-SOFR Compounded-OIS			2.350		Annual		01/17/2025								94,800											10										1,157								1,167									0										(89)
Receive(5)		1-Day USD-SOFR Compounded-OIS			2.300		Annual		01/17/2026								15,100											7										274								281									0										(28)

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Pay		1-Day USD-SOFR Compounded-OIS	1.000	Annual	12/15/2026			11,200					21					(1,118)				(1,097)					24				0
Pay		1-Day USD-SOFR Compounded-OIS	2.000	Annual	12/21/2027			798,100					(68,822)					14,987				(53,835)					1,972				0
Pay		1-Day USD-SOFR Compounded-OIS	2.000	Annual	12/21/2029			249,900					(25,675)					5,071				(20,604)					876				0
Receive		1-Day USD-SOFR Compounded-OIS	1.500	Annual	12/15/2031			98,500					(2,199)					15,755				13,556					0				(434)
Receive		1-Day USD-SOFR Compounded-OIS	2.000	Annual	12/21/2032			88,000					10,651					(1,268)				9,383					0				(424)
Receive		1-Day USD-SOFR Compounded-OIS	3.850	Annual	12/21/2038			108,200					418					(8,946)				(8,528)					0				(954)
Receive		1-Day USD-SOFR Compounded-OIS	1.750	Annual	06/15/2052			68,000					16,788					(127)				16,661					0				(677)
Receive		1-Day USD-SOFR Compounded-OIS	1.750	Annual	12/21/2052			45,800					11,031					(15)				11,016					0				(463)
Receive		1-Day USD-SOFR Compounded-OIS	3.500	Annual	12/21/2052			92,160					786					(10,376)				(9,590)					0				(1,238)
Pay		1-Year BRL-CDI	11.140	Maturity	01/02/2025		BRL	7,800					0					(42)				(42)					0				(1)
Pay		1-Year BRL-CDI	11.160	Maturity	01/02/2025			5,200					0					(28)				(28)					0				(1)
Pay		1-Year BRL-CDI	11.350	Maturity	01/02/2025			6,400					0					(29)				(29)					0				(1)
Pay		1-Year BRL-CDI	12.000	Maturity	01/02/2025			17,400					0					(31)				(31)					0				(3)
Pay		1-Year BRL-CDI	12.080	Maturity	01/02/2025			28,900					0					(43)				(43)					0				(5)
Pay		1-Year BRL-CDI	12.140	Maturity	01/02/2025			14,600					0					(18)				(18)					0				(2)
Pay		1-Year BRL-CDI	12.145	Maturity	01/02/2025			14,300					0					(17)				(17)					0				(2)
Pay		1-Year BRL-CDI	12.160	Maturity	01/02/2025			29,100					0					(33)				(33)					0				(5)
Pay		1-Year BRL-CDI	11.220	Maturity	01/04/2027			9,400					0					(56)				(56)					0				0
Pay		1-Year BRL-CDI	11.245	Maturity	01/04/2027			4,700					0					(27)				(27)					0				0
Pay		1-Year BRL-CDI	11.260	Maturity	01/04/2027			4,700					0					(27)				(27)					0				0
Pay		1-Year BRL-CDI	11.700	Maturity	01/04/2027			2,400					0					(7)				(7)					0				0
Pay		1-Year BRL-CDI	11.715	Maturity	01/04/2027			10,500					0					(31)				(31)					0				0
Receive		1-Year BRL-CDI	11.788	Maturity	01/04/2027			599,100					0					1,234				1,234					0				(21)
Pay		1-Year BRL-CDI	11.870	Maturity	01/04/2027			25,100					0					(52)				(52)					1				0
Pay		1-Year BRL-CDI	12.015	Maturity	01/04/2027			437,000					0					(537)				(537)					15				0
Pay		3-Month USD-LIBOR	2.860	Semi-Annual	04/26/2023		$	7,100					(19)					33				14					0				(2)
Pay		3-Month USD-LIBOR	2.750	Semi-Annual	12/19/2023			30,600					(284)					(44)				(328)					0				(9)
Pay		3-Month USD-LIBOR	1.750	Semi-Annual	12/21/2023			152,800					2,868					(6,037)				(3,169)					0				(54)
Pay		3-Month USD-LIBOR	0.500	Semi-Annual	06/16/2026			184,100					(3,836)					(15,146)				(18,982)					370				0
Pay		3-Month USD-LIBOR	0.660	Semi-Annual	12/21/2026			483,000					(86)					(52,296)				(52,382)					1,058				0
Pay		3-Month USD-LIBOR	1.750	Semi-Annual	12/21/2026			303,000					7,433					(28,025)				(20,592)					700				0
Receive		3-Month USD-LIBOR	1.360	Semi-Annual	02/15/2027			13,450					0					1,228				1,228					0				(34)
Pay		3-Month USD-LIBOR	1.600	Semi-Annual	02/15/2027			53,800					(185)					(4,251)				(4,436)					135				0
Pay		3-Month USD-LIBOR	1.500	Semi-Annual	06/21/2027			209,400					(15,186)					(2,442)				(17,628)					483				0
Pay		3-Month USD-LIBOR	2.500	Semi-Annual	12/20/2027			91,250					1,072					(5,213)				(4,141)					237				0
Pay		3-Month USD-LIBOR	0.500	Semi-Annual	06/16/2028			660					(33)					(65)				(98)					2				0
Pay		3-Month USD-LIBOR	2.250	Semi-Annual	06/20/2028			8,200					(489)					(8)				(497)					23				0
Receive		3-Month USD-LIBOR	1.750	Semi-Annual	12/15/2031			16,600					(254)					2,361				2,107					0				(72)
Receive		3-Month USD-LIBOR	2.750	Semi-Annual	03/20/2043			1,300					(4)					136				132					0				(12)
Receive		3-Month USD-LIBOR	2.750	Semi-Annual	12/16/2045			3,800					(52)					413				361					0				(37)
Receive		3-Month USD-LIBOR	2.500	Semi-Annual	06/20/2048			3,100					288					137				425					0				(31)
Receive		3-Month USD-LIBOR	2.250	Semi-Annual	03/12/2050			20,500					(33)					3,927				3,894					0				(207)
Receive		6-Month EUR-EURIBOR	0.150	Annual	03/18/2030		EUR	20,400					373					3,940				4,313					24				0
Receive		6-Month EUR-EURIBOR	0.150	Annual	06/17/2030			1,200					(1)					244				243					2				0
Receive		6-Month EUR-EURIBOR	0.250	Annual	03/18/2050			2,500					139					1,062				1,201					0				(3)
Receive		6-Month EUR-EURIBOR	0.500	Annual	06/17/2050			500					(16)					233				217					0				0
Receive		6-Month EUR-EURIBOR	0.500	Annual	09/21/2052			34,600					2,992					12,207				15,199					0				(44)
Receive(5)		6-Month EUR-EURIBOR	0.830	Annual	12/09/2052			143,700					1,990					4,339				6,329					31				0
Receive(5)		6-Month EUR-EURIBOR	2.500	Annual	09/20/2053			13,800					80					(149)				(69)					0				(13)
Receive		28-Day MXN-TIIE	8.675	Lunar	04/03/2024		MXN	63,800					0					97				97					0				(1)
Receive		28-Day MXN-TIIE	8.660	Lunar	04/04/2024			32,100					0					49				49					0				(1)
Receive		28-Day MXN-TIIE	8.750	Lunar	04/05/2024			11,300					0					17				17					0				0
Receive		28-Day MXN-TIIE	8.410	Lunar	03/31/2027			7,600					0					6				6					0				(2)
Receive		28-Day MXN-TIIE	8.730	Lunar	04/06/2027			4,700					0					1				1					0				(1)
Receive		28-Day MXN-TIIE	7.495	Lunar	01/14/2032			2,300					9					(2)				7					0				(1)
Receive		28-Day MXN-TIIE	7.498	Lunar	01/15/2032			9,500					39					(10)				29					0				(3)
Receive		28-Day MXN-TIIE	8.732	Lunar	03/30/2032			2,400					0					(3)				(3)					0				(1)
Receive		28-Day MXN-TIIE	8.701	Lunar	03/31/2032			5,600					0					(6)				(6)					0				(2)

										$		(62,135)			$		(39,649)			$	(101,784)			$		6,230			$	(5,027)

Total Swap Agreements						$			(61,744)		$			(40,944)		$			(102,688)		$		6,369		$			(5,027)

Cash of $82,743 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2023.
(1)	If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


(2)	Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.
(3)	The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.
(4)	The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.
(5)	This instrument has a forward starting effective date.
(n)	FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER
FORWARD FOREIGN CURRENCY CONTRACTS:
					Unrealized Appreciation/(Depreciation)
Counterparty		Settlement Month		Currency to be Delivered			Currency to be Received		Asset		Liability

BOA		04/2023	CNH	47,674		$	7,092	$	150	$	0
		04/2023	GBP	5,928			7,225		0		(88)
		04/2023	$	12,979		PEN	48,936		21		0
		05/2023	AUD	444		$	307		10		0
		05/2023	CHF	196			215		0		(1)
		05/2023	PEN	50,036			13,236		0		(36)
		05/2023	$	4,512		PEN	17,305		76		0
BPS		04/2023	CZK	2,808		$	126		0		(3)
		04/2023	GBP	1,279			1,555		0		(22)
		04/2023	MXN	607,869			33,412		0		(215)
		04/2023	$	1,126		EUR	1,035		0		(4)
		05/2023		25		CNY	171		0		0
		06/2023	IDR	35,067,977		$	2,338		5		(1)
		06/2023	$	33,412		MXN	616,389		221		0
		09/2023	ZAR	31,868		$	1,759		0		(6)
BRC		04/2023	CZK	10,626			471		0		(20)
		04/2023	$	1,413		GBP	1,166		25		0
		04/2023		580		PLN	2,557		12		0
		09/2023		1,907		ZAR	33,679		0		(42)
BSH		04/2023	PEN	27		$	7		0		0
		04/2023	$	45		PEN	171		0		0
CBK		04/2023	BRL	60,783		$	11,719		0		(274)
		04/2023	GBP	23,173			27,844		0		(742)
		04/2023	PEN	49,388			12,350		0		(769)
		04/2023	$	11,964		BRL	60,783		28		0
		04/2023		2,444		EUR	2,257		4		0
		04/2023		1,668		GBP	1,368		20		0
		04/2023		13		INR	1,037		0		0
		04/2023		4,089		PEN	16,116		187		0
		05/2023	CAD	21,594		$	16,182		194		0
		06/2023	IDR	17,572,870			1,172		2		0
		06/2023	$	35		PEN	136		1		0
		07/2023		2,576			10,007		69		0
CLY		04/2023	HUF	177,456		$	470		0		(34)
DUB		04/2023	BRL	61,272			12,061		0		(28)
		04/2023	$	11,491		BRL	61,272		598		0
		04/2023		649,483		EUR	600,151		1,380		0
		05/2023	EUR	600,151		$	650,525		0		(1,359)
		07/2023	BRL	62,264			11,491		0		(586)
GLM		04/2023	MXN	160,656			7,986		0		(901)
		05/2023	PEN	9,945			2,457		0		(180)
		05/2023	$	4,734		PEN	18,838		260		0
JPM		04/2023		9			33		0		0
MBC		04/2023	EUR	5,196		$	5,516		0		(119)
		04/2023	$	27,243		EUR	25,344		251		(9)
		04/2023		866		PLN	3,803		14		0
		05/2023		22,631		NOK	228,467		0		(767)
		06/2023	IDR	190,390,033		$	12,495		0		(177)
		06/2023	$	3,995		IDR	60,829,917		53		0
MYI		04/2023	EUR	614,267		$	649,617		0		(16,556)
		04/2023	GBP	2,137			2,562		0		(75)
		04/2023	ZAR	74,696			4,171		0		(21)
		06/2023	$	3,512		IDR	53,336,273		37		0
RBC		04/2023		241,600		GBP	196,086		292		0
		04/2023		36,961		MXN	766,159		5,423		0
		05/2023	GBP	190,949		$	235,441		0		(251)
		05/2023	MXN	602,219			31,813		0		(1,341)
		06/2023	$	184		MXN	3,472		5		0
		07/2023	MXN	3,334		$	173		0		(8)
RYL		09/2023	$	328		ZAR	5,644		0		(16)
SCX		04/2023	GBP	969		$	1,175		0		(21)
		04/2023	$	31		INR	2,540		0		0
		04/2023		4,061		ZAR	74,696		132		0

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


					05/2023				CHF					4,778													$					5,258																					12													0
					05/2023				$					12,409													EUR					11,402																					0													(24)
					06/2023									8,701													IDR					132,812,266																					138													0
					09/2023				ZAR					5,644													$					322																					9													0
SOG					09/2023									101,290																		5,756																					147													0
TOR					04/2023				GBP					165,134																		198,619																					0													(5,091)
UAG					06/2023				$					136													IDR					2,099,461																					3													0
					09/2023									5,674													ZAR					99,479																					0													(166)

Total Forward Foreign Currency Contracts																$			9,779																			$							(29,953)

SWAP AGREEMENTS:
CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION(1)
																Swap Agreements, at Value(4)
Counterparty		Reference Entity						Fixed Receive Rate			Payment Frequency						Maturity Date							Implied Credit Spread at March 31, 2023(2)																					Notional Amount(3)						Premiums Paid/(Received)							Unrealized Appreciation/ (Depreciation)						Asset							Liability

DUB		Eskom «						4.650%			Quarterly						06/30/2029							4.650%										$											22,100			$			0				$			9			$			9				$			0

CREDIT DEFAULT SWAPS ON CREDIT INDICES - SELL PROTECTION(1)
																Swap Agreements, at Value(4)
Counterparty		Index/Tranches											Fixed Receive Rate					Payment Frequency								Maturity Date															Notional Amount(3)									Premiums Paid/(Received)							Unrealized Appreciation/ (Depreciation)						Asset							Liability

FBF		ABX.HE.AA.6-2 Index											0.170%					Monthly								05/25/2046							$								22,937						$			(20,415)				$			15,010			$			0				$			(5,405)
GST		ABX.HE.AA.6-1 Index											0.320					Monthly								07/25/2045															5,040									(1,003)							610						0							(393)
		ABX.HE.PENAAA.7-1 Index											0.090					Monthly								08/25/2037															1,737									(513)							316						0							(197)

																																																$			(21,931)				$			15,936			$			0				$			(5,995)

TOTAL RETURN SWAPS ON INTEREST RATE INDICES
																Swap Agreements, at Value
Counterparty			Pay/Receive(5)				Underlying Reference		# of Units						Financing Rate								Payment Frequency								Maturity Date															Notional Amount						Premiums Paid/(Received)							Unrealized Appreciation/ (Depreciation)						Asset							Liability

GST			Receive			iBoxx USD Liquid High Yield Index			N/A			1.071									Maturity								06/20/2023						$							1,400						$			(11)				$			44			$			33				$			0

TOTAL RETURN SWAPS ON LOAN PARTICIPATIONS AND ASSIGNMENTS
																Swap Agreements, at Value
Counterparty		Pay/ Receive		Underlying Reference						Financing Rate										Payment Frequency								Maturity Date									Notional Amount														Premiums Paid/(Received)							Unrealized Appreciation/ (Depreciation)						Asset							Liability

BPS		Pay		AP Core Holdings II, LLC																Monthly								04/28/2023									$			240								$			0				$			24			$			24				$			0
BPS		Pay		Team Health Holdings, Inc.																Monthly								04/28/2023												2,500											0							(80)						0							(80)

																																																$			0				$			(56)			$			24				$			(80)

TOTAL RETURN SWAPS ON SECURITIES
																Swap Agreements, at Value
Counterparty			Pay/Receive(5)				Underlying Reference		# of Shares						Financing Rate								Payment Frequency								Maturity Date															Notional Amount													Unrealized Appreciation/ (Depreciation)						Asset							Liability

MYC			Receive(5)				United States Treasury Inflation Indexed Bonds «		0						0							Maturity								01/28/2036						CNY							59,900						$			25				$			907			$			932				$			0

Total Swap Agreements																$	(21,917)								$			16,840											$					998			$					(6,075)

(p)	Securities with an aggregate market value of $36,134 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2023.
(1)	If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.
(2)	Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.
(3)	The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.
(4)	The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


(5)		Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference.
FAIR VALUE MEASUREMENTS
The following is a summary of the fair valuations according to the inputs used as of March 31, 2023 in valuing the Fund's assets and liabilities:

Category and Subcategory						Level 1						Level 2					Level 3					Fair Value at 03/31/2023

Investments in Securities, at Value
Loan Participations and Assignments						$		22,264				$			1,298,033		$		351,929			$		1,672,226
Corporate Bonds & Notes
	Banking & Finance								0							475,569				0					475,569
	Industrials								0							799,302				2,052					801,354
	Utilities								0							185,971				0					185,971
Convertible Bonds & Notes
	Banking & Finance								0							6,720				0					6,720
	Industrials								0							21,500				0					21,500
Municipal Bonds & Notes
	Puerto Rico								0							59,053				0					59,053
	West Virginia								0							31,555				0					31,555
U.S. Government Agencies								0							88,519				0					88,519
Non-Agency Mortgage-Backed Securities								0							1,779,684				6,197					1,785,881
Asset-Backed Securities								0							1,238,422				186,103					1,424,525
Sovereign Issues								0							74,413				36					74,449
Common Stocks
	Communication Services								5,824							0				0					5,824
	Consumer Discretionary								9,493							0				0					9,493
	Energy								0							0				593					593
	Financials								13,602							0				42,910					56,512
	Industrials								0							0				16,350					16,350
	Utilities								0							0				12,490					12,490
Rights
	Financials								0							0				1,177					1,177
Warrants
	Financials								0							0				1,308					1,308
	Information Technology								0							0				42,759					42,759
Preferred Securities
	Financials								0							134,455				0					134,455
	Industrials								0							0				22,635					22,635
Real Estate Investment Trusts
	Real Estate								29,291							0				0					29,291
Short-Term Instruments
	Repurchase Agreements								0							414,908				0					414,908
	Short-Term Notes								0							0				435					435
	Argentina Treasury Bills								0							3,535				0					3,535
	U.S. Treasury Bills								0							93,818				0					93,818

Total Investments in Securities						$		80,474				$			6,705,457		$		686,974			$		7,472,905

Investments in Affiliates, at Value
Common Stocks
	Affiliated Investments						$		0				$			0		$		93,150			$		93,150

Total Investments						$		80,474				$			6,705,457		$		780,124			$		7,566,055

Financial Derivative Instruments - Assets
Exchange-traded or centrally cleared								0							6,369				0					6,369
Over the counter								0							9,836				941					10,777

						$		0				$			16,205		$		941			$		17,146
Financial Derivative Instruments - Liabilities
Exchange-traded or centrally cleared								0							(5,182)				0					(5,182)
Over the counter								0							(36,028)				0					(36,028)

						$		0				$			(41,210)		$		0			$		(41,210)

Total Financial Derivative Instruments						$		0				$			(25,005)		$		941			$		(24,064)

Totals						$		80,474				$			6,680,452		$		781,065			$		7,541,991




The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2023:
Category and Subcategory			Beginning Balance at 06/30/2022	Net Purchases (1)	Net Sales/Settlements (1)					Accrued Discounts/ (Premiums)	Realized Gain/(Loss)			Net Change in Unrealized Appreciation/ (Depreciation) (2)			Transfers into Level 3				Transfers out of Level 3					Ending Balance at 03/31/2023	Net Change in Unrealized Appreciation/ (Depreciation) on Investments Held at 03/31/2023 (2)

Investments in Securities, at Value

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


Loan Participations and Assignments		$		560,306		$			202,969			$			(86,333)			$		3,964		$		(1,270)		$			(38,353)		$		12,923		$	(302,277)				$	351,929				$	7,087
Corporate Bonds & Notes
	Banking & Finance			40,468					0						(39,204)					0				2,904					(4,168)				0			0					0					0
	Industrials			258,893					4,531						(393)					710				0					(20,337)				0			(241,352)					2,052					(58)
Non-Agency Mortgage-Backed Securities				9,526					0						(3,531)					2				(206)					406				0			0					6,197					229
Asset-Backed Securities				303,604					1,598						(22,432)					573				(3,822)					(90,033)				0			(3,385)					186,103					(87,884)
Sovereign Issues				0					0						0					0				0					0				36			0					36					0
Common Stocks
	Energy			280					0						0					0				0					313				0			0					593					314
	Financials			49,040					0						0					0				0					(6,130)				0			0					42,910					(6,130)
	Industrials			15,352					1,048						0					0				0					(50)				0			0					16,350					(11,102)
	Materials			2,646					0						(2,897)					0				2,896					(2,645)				0			0					0					0
	Utilities			11,252					0						0					0				0					1,238				0			0					12,490					1,238
Rights
	Financials			895					0						0					0				0					282				0			0					1,177					282
Warrants
	Financials			951					0						0					0				0					357				0			0					1,308					357
	Industrials			1,682					0						(339)					0				339					(1,682)				0			0					0					0
	Information Technology			67,297					0						0					0				0					(24,538)				0			0					42,759					(24,537)
Preferred Securities
	Industrials			132,091					0						(121,967)					0				69,837					(57,326)				0			0					22,635					(6,895)
	Utilities			33,921					0						(33,577)					0				(2,561)					2,217				0			0					0					0
Short-Term Instruments
	Short-Term Notes			0					419						0					0				0					16				0			0					435					17

		$		1,488,204		$			210,565			$			(310,673)			$		5,249		$		68,117		$			(240,433)		$		12,959		$	(547,014)				$	686,974				$	(127,082)
Investments in Affiliates
Common Stocks Affiliated Investments			$		104,203		$			0			$			0			$		0		$		0			$		(11,053)		$		0			$		0			$	93,150				$	(11,053)
Financial Derivative Instruments - Assets
Over the counter		$		605		$			0			$			0			$		0		$		0		$			337		$		0		$	0				$	941				$	328

Totals		$		1,593,012		$			210,565			$			(310,673)			$		5,249		$		68,117		$			(251,150)		$		12,959		$	(547,014)				$	781,065				$	(126,754)

The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:
																	(% Unless Noted Otherwise)

Category and Subcategory								Ending Balance at 03/31/2023						Valuation Technique													Unobservable Inputs											Input Value(s)						Weighted Average

Investments in Securities, at Value
Loan Participations and Assignments								$			140,755			Discounted Cash Flow													Discount Rate											6.680 - 12.559						9.187
											82,320			Discounted Cash Flow													Discount Spread											4.834 - 6.730						6.271
											7			Expected Recovery													Recovery Rate											(0.000) (4) - 100.000						100.000
											55,417			Indicative Market Quotation													Price											94.500 - 97.000						96.963
											16,400			Proxy Pricing													Base Price											99.000						—
											57,030			Third Party Vendor													Broker Quote											72.250 - 93.000						92.158
Corporate Bonds & Notes
	Industrials										2,050			Discounted Cash Flow													Discount Rate											5.490						—
											2			Expected Recovery													Recovery Rate											0.067						—
Non-Agency Mortgage-Backed Securities											6,197			Discounted Cash Flow													Discount Rate											8.700						—
Asset-Backed Securities											186,083			Discounted Cash Flow													Discount Rate											10.000 - 23.000						14.846
											20			Expected Recovery													Recovery Rate											2.080						—
Sovereign Issues											36			Third Party Vendor													Expected Recovery											6.000						—
Common Stocks
	Energy										593			Comparable Multiple													EBITDA Multiple										X	4.400 - 6.000						4.474
	Financials										42,910			Indicative Market Quotation													Price										$	22.250						—
	Industrials										15,429			Discounted Cash Flow													Discount Rate											13.960						—
											722			Indicative Market Quotation													Broker Quote										$	3.000						—
											199			Other Valuation Techniques(3)													—											—						—
	Utilities										12,490			Indicative Market Quotation													Price										$	27.750						—
Rights
	Financials										1,177			Other Valuation Techniques(3)													—											—						—
Warrants
	Financials										27			Indicative Market Quotation													Price										$	1.000 - 2.250						2.118
											1,281			Other Valuation Techniques(3)													—											—						—
	Information Technology										42,759			Comparable Multiple													EBITDA Multiple										X	4.500						—
Preferred Securities
	Industrials										22,635			Discounted Cash Flow/Comparable Multiple													Discount Rate/TBV Multiple										%/ x	27.030/0.340						—
Short-Term Instruments
	Short-Term Notes										435			Proxy Pricing													Base Price											100.229						—
Investments in Affiliates
Common Stock

Consolidated Schedule of Investments PIMCO Dynamic Income Fund (Cont.)

March 31, 2023

(Unaudited)


	Affiliated Investments				93,150	Comparable Multiple / Discounted Cash Flow		Revenue \| EBITDA Multiple / Discount Rate		%/X/ X	10.000/0.550/6.000		—
Financial Derivative Instruments - Assets
Over the counter				941			Indicative Market Quotation		Broker Quote			10.698

Total			$	781,065

(1)		Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions.
(2)		Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2023 may be due to an investment no longer held or categorized as Level 3 at period end.
(3)		Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund.
(4)		0.0001 Input Value


Subsidiary	Date of Formation	Subsidiary % of Consolidated Fund Net Assets
PCILS I LLC	03/07/2013	0.7%
PDILS I LLC	03/12/2013	2.3%


Security Name		Market Value at 06/30/2022		Purchases at cost		Proceeds from Sale		Net Realized Gain/(Loss)		Change in Unrealized Appreciation (Depreciation)		Market Value at 03/31/2023		Dividend Income	Shares Held at 03/31/2023
Neiman Marcus Group Ltd. LLC	$	104,200	$	0	$	0	$	0	$	(11,053)	$	93,147	$	0	602,840
Sierra Hamilton Holder LLC		3		0		0		0		0		3		0	30,337,712