PIMCO Income Strategy Fund II, a closed-ended mutual fund dedicated to fixed income, is primarily overseen by Allianz Global Investors Fund Management LLC, with Pacific Investment Management Company LLC acting as a co-manager. This fund, previously identified as PIMCO Floating Rate Strategy Fund, commenced operations in the United States on June 30, 2004. Its investment approach focuses on the U.S. fixed income markets, particularly emphasizing floating-rate debt instruments, predominantly high-yield senior floating-rate loans, from companies spanning various sectors. The fund constructs its portfolio using a top-down strategy, underpinned by fundamental analysis and informed by its proprietary internal research.