PIMCO's Bill Gross' November Podcast Available on iTunes, Titled "Pennies From Heaven"

NEWPORT BEACH, CA--(Marketwire - Nov 4, 2011) - PIMCO today announced that Founder and co-Chief Investment Officer Bill Gross' November "Investment Outlook" is available as a free podcast on iTunes.com and pimco.com. This month's podcast covers topics such as demographics, globalization, technological innovation, operation twist, inflation and pennies.

Gross, the first major money manager to podcast, offers provocative views for investing, the economy and life. Gross' monthly investment forecast can be subscribed to at www.iTunes.com by searching podcasts for "PIMCO." The audio can also be downloaded at www.pimco.com by clicking on the "Investment Outlook" link.

Gross has been making his "Investment Outlook" podcasts available since 2005.

Stay up to date on PIMCO with Facebook and twitter. The Investment Outlook is also available for the Kindle. For a behind-the-scenes glimpse into PIMCO, try the new QR code on the Investment Outlook.

About PIMCO

PIMCO is a leading global investment management firm, with offices in 10 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz Global Investors, a subsidiary of the Munich-based Allianz S.E., a leading global diversified financial services provider.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statement.