0001104659-12-045860.txt : 20120626 0001104659-12-045860.hdr.sgml : 20120626 20120626154617 ACCESSION NUMBER: 0001104659-12-045860 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20120626 DATE AS OF CHANGE: 20120626 EFFECTIVENESS DATE: 20120626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANZ GLOBAL INVESTORS MANAGED ACCOUNTS TRUST CENTRAL INDEX KEY: 0001098605 IRS NUMBER: 066484967 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-92415 FILM NUMBER: 12927242 BUSINESS ADDRESS: STREET 1: C/O PIMCO ADVISORY SERVICES STREET 2: 1633 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-739-3000 MAIL ADDRESS: STREET 1: C/O PIMCO ADVISORY SERVICES STREET 2: 1633 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANZ GLOBAL INVESTORS DATE OF NAME CHANGE: 20090626 FORMER COMPANY: FORMER CONFORMED NAME: FIXED INCOME SHARES DATE OF NAME CHANGE: 20000718 FORMER COMPANY: FORMER CONFORMED NAME: PIMCO FIXED INCOME SHARES DATE OF NAME CHANGE: 19991109 0001098605 S000037220 Fixed Income SHares: Series TE C000114641 Series TE FXIEX 497 1 a12-10367_7497.htm 497

 

GRAPHIC

 

June 26, 2012

 

Securities and Exchange Commission

100 F Street NE

Washington, DC  20549

 

Re:

Allianz Global Investors Managed Accounts Trust (formerly, Fixed Income Shares) (Reg. 333-92415; 811-09721)

 

Ladies and Gentlemen:

 

We are filing the referenced amendment pursuant to Rule 497(e) under the Securities Act of 1933, as amended, to submit an exhibit in interactive data form with revised risk/return summary information from the 497 filing for the Fund dated June 12, 2012.

 

Any comments or questions on this filing should be directed to Debra Rubano at (212) 739-3228.

 

Very truly yours,

 

/s/ Debra Rubano

 

 

 

 

 

Debra Rubano, Esq.

 

 

 

 

 

 

 

 

cc:

Ropes & Gray LLP

 

 

 

Allianz Global Investors of America L.P.

1633 Broadway

New York, NY 10019

 


 

EX-101.INS 2 ck0001098605-20120612.xml XBRL INSTANCE DOCUMENT ALLIANZ GLOBAL INVESTORS MANAGED ACCOUNTS TRUST 2012-06-12 2012-06-12 2012-06-12 Other 0001098605 false 2012-06-12 by focusing investments in a small number of issuers, industries, foreign currencies or regions, the Portfolio may be more impacted by risks associated with a single issuer or a single economic, political or regulatory occurrence than a diversified portfolio might be; An investment in the Portfolio is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Example. Other Expenses are based upon estimated amounts for the Portfolio's initial fiscal year ending October 31, 2012 and include organizational expenses. Performance information for the Portfolio will be available after the Portfolio completes a full calendar year of operation. Investment Objective: It is possible to lose money on an investment in the Portfolio. Principal Risks: Shareholder Fees (fees paid directly from your investment): None Performance Information: <tt>FISH: Series TE seeks to achieve its objective by investing in municipal securities <br />to generate income exempt from U.S. federal income tax. Under normal circumstances, <br />the Portfolio will not purchase bonds subject to the federal alternative minimum tax<br />("AMT"). The Portfolio normally invests at least 80% of its net assets (plus <br />borrowings made for investment purposes) in a portfolio of U.S. fixed income <br />instruments comprised of debt securities whose interest is, in the opinion of bond <br />counsel for the issuer at the time of issuance, exempt from federal income tax, <br />including (but not limited to):<br /><br />o&#xA0;&#xA0;municipal debt securities issued by states and their agencies, authorities and <br />&#xA0;&#xA0;&#xA0;other instrumentalities which are exempt from federal income tax;<br /><br />o&#xA0;&#xA0;municipal debt securities issued by local governments and their agencies, <br />&#xA0;&#xA0;&#xA0;authorities and other instrumentalities which are exempt from federal income tax; <br />&#xA0;&#xA0;&#xA0;and<br /><br />o&#xA0;&#xA0;tax-exempt structured notes, which may contain embedded derivatives.<br /><br />The Portfolio may invest in instruments of any maturity. The average portfolio<br />duration of the Portfolio is expected to vary and may range anywhere from<br />relatively short (e.g., less than two years) to relatively long (e.g., more than<br />ten years) based on PIMCO's forecast for interest rates. Duration is a measure<br />of the expected life of a fixed income security that is used to determine the<br />sensitivity of a security's price to changes in interest rates. The longer a<br />security's duration, the more sensitive it will be to changes in interest rates.<br />Similarly, a portfolio with a longer average portfolio duration will be more<br />sensitive to changes in interest rates than a portfolio with a shorter average<br />portfolio duration. By way of example, the price of a bond fund with an average<br />duration of five years would be expected to fall approximately 5% if interest<br />rates rose by 1%.<br /><br />The Portfolio may invest without limit in U.S. dollar denominated securities.<br />The Portfolio may invest without limit in U.S. Government securities, money<br />market instruments and/or "private activity" bonds that are exempt from federal<br />income tax. To the extent distributions derived from "private activity" bonds<br />may be subject to the federal AMT, investments in such "private activity" bonds<br />will be limited by the 80% policy noted above. The Portfolio may invest more<br />than 25% of its total assets in bonds of issuers in either California or New<br />York, or both. To the extent that the Portfolio concentrates its investments <br />in California or New York, it will be particularly subject to California or <br />New York state-specific risks, as applicable.<br /><br />The Portfolio will invest, under normal circumstances, in debt securities that<br />are rated "investment grade", or, if unrated, determined by PIMCO to be of<br />comparable quality, at the time of purchase.<br /><br />Subject to the 80% policy noted above, the Portfolio may invest the remainder <br />of its assets in fixed income securities that generate income that is not exempt<br />from federal income tax (for example, Build America Bonds).<br /><br />The Portfolio may invest in derivative instruments, such as options, futures<br />contracts or swap agreements, which may relate to fixed income securities,<br />interest rates, currencies or currency exchange rates, commodities, real estate<br />and other assets, and related indices. Although the Portfolio does not expect to<br />invest significantly in derivative instruments during its initial fiscal year,<br />it may do so at any time. The Portfolio may lend its portfolio securities to<br />brokers, dealers and other financial institutions to earn income. The Portfolio<br />may also invest in securities issued by entities, such as trusts, whose<br />underlying assets are municipal bonds, including, without limitation, residual<br />interest bonds. The Portfolio may seek to obtain market exposure to the<br />securities in which it primarily invests by entering into a series of purchase<br />and sale contracts or by using other investment techniques (such as buy backs or<br />dollar rolls).<br /><br />The Portfolio is "non-diversified," which means that it may invest a significant<br />portion of its assets in a relatively small number of issuers, which may increase <br />risk. The Portfolio may not invest more than 25% of its assets in an individual <br />issuer (measured at the time of investment).<br /><br />The Portfolio will not change its policy to invest at least 80% of its net assets <br />(plus the amount of any borrowings for investment purposes) in U.S. fixed income <br />instruments consisting of debt securities whose interest is, in the opinion of <br />bond counsel for the issuer at the time of issuance, exempt from federal income <br />tax unless the Portfolio provides shareholders with the notice required by Rule <br />35d-1 under the 1940 Act, as it may be amended or interpreted by the SEC from <br />time to time.</tt> Fixed Income SHares: Series TE <tt>Total return/capital appreciation is a secondary objective.</tt> Portfolio Turnover: <tt>The principal risks of investing in the Portfolio, which could adversely affect its <br />net asset value, yield and total return, are:<br /><br />o&#xA0;&#xA0;Municipal Securities Risk: investing in municipal securities subjects the Portfolio <br />&#xA0;&#xA0;&#xA0;to certain risks, including variations in the quality of municipal securities, <br />&#xA0;&#xA0;&#xA0;both within a particular classification and between classifications, and the rates <br />&#xA0;&#xA0;&#xA0;of return on municipal securities can depend on a variety of factors, including <br />&#xA0;&#xA0;&#xA0;general money market conditions, the financial condition of the issuer, general <br />&#xA0;&#xA0;&#xA0;conditions of the municipal bond market, the size of a particular offering, the<br />&#xA0;&#xA0;&#xA0;maturity of the obligation, and the rating of the issue;<br /><br />o&#xA0;&#xA0;Municipal Project-Specific Risk: the risk that the Portfolio may be more sensitive <br />&#xA0;&#xA0;&#xA0;to adverse economic, business or political developments if it invests a substantial<br />&#xA0;&#xA0;&#xA0;portion of its assets in the bonds of similar projects (such as those relating to<br />&#xA0;&#xA0;&#xA0;education, health care, housing, transportation, and utilities), industrial <br />&#xA0;&#xA0;&#xA0;development bonds, or in bonds from issuers in a single state;<br /><br />o&#xA0;&#xA0;Interest Rate Risk: fixed income securities may decline in value due to changes <br />&#xA0;&#xA0;&#xA0;in interest rates; a portfolio with a longer average portfolio duration will be <br />&#xA0;&#xA0;&#xA0;more sensitive to changes in interest rates than a portfolio with a shorter average<br />&#xA0;&#xA0;&#xA0;portfolio duration;<br /><br />o&#xA0;&#xA0;Credit Risk: the Portfolio could lose money if the issuer or guarantor of a fixed <br />&#xA0;&#xA0;&#xA0;income security, or the counterparty to a derivative contract, is unable or <br />&#xA0;&#xA0;&#xA0;unwilling to meet its financial obligations;<br /><br />o&#xA0;&#xA0;Market Risk: the value of securities owned by the Portfolio may go up or down, <br />&#xA0;&#xA0;&#xA0;sometimes rapidly or unpredictably, due to factors affecting securities markets <br />&#xA0;&#xA0;&#xA0;generally or particular industries;<br /><br />o&#xA0;&#xA0;Derivatives Risk: investing in derivative instruments may subject the Portfolio to<br />&#xA0;&#xA0;&#xA0;liquidity, interest rate, market, credit and management risks, mispricing or <br />&#xA0;&#xA0;&#xA0;improper valuation. Changes in the value of a derivative may not correlate <br />&#xA0;&#xA0;&#xA0;perfectly with the underlying asset, rate or index, and the Portfolio could lose <br />&#xA0;&#xA0;&#xA0;more than the principal amount invested;<br /><br />o&#xA0;&#xA0;Liquidity Risk: the Portfolio may be unable to buy or sell illiquid securities at <br />&#xA0;&#xA0;&#xA0;an advantageous time or price or achieve its desired level of exposure to a certain <br />&#xA0;&#xA0;&#xA0;sector;<br /><br />o&#xA0;&#xA0;Management Risk: investment techniques and risk analyses applied by PIMCO may not <br />&#xA0;&#xA0;&#xA0;produce the desired results and legislative, regulatory, or tax developments may <br />&#xA0;&#xA0;&#xA0;affect the investment techniques available to PIMCO and the individual portfolio<br />&#xA0;&#xA0;&#xA0;manager(s) of the Portfolio;<br /><br />o&#xA0;&#xA0;Issuer Non-Diversification Risk: by focusing investments in a small number of <br />&#xA0;&#xA0;&#xA0;issuers, industries, foreign currencies or regions, the Portfolio may be more <br />&#xA0;&#xA0;&#xA0;impacted by risks associated with a single issuer or a single economic, political <br />&#xA0;&#xA0;&#xA0;or regulatory occurrence than a diversified portfolio might be;<br /><br />o&#xA0;&#xA0;Issuer Risk: the value of a security may decline for a reason directly related to <br />&#xA0;&#xA0;&#xA0;the issuer, such as management performance, financial leverage or reduced demand <br />&#xA0;&#xA0;&#xA0;for the issuer's goods or service;<br /><br />o&#xA0;&#xA0;California State-Specific Risk: the Portfolio, to the extent it concentrates its <br />&#xA0;&#xA0;&#xA0;investments in California municipal bonds, may be affected significantly by <br />&#xA0;&#xA0;&#xA0;economic, regulatory or political developments affecting the ability of California <br />&#xA0;&#xA0;&#xA0;issuers to pay interest or repay principal; and<br /><br />o&#xA0;&#xA0;New York State-Specific Risk: the Portfolio, to the extent it concentrates its <br />&#xA0;&#xA0;&#xA0;investments in New York municipal bonds, may be affected significantly by economic, <br />&#xA0;&#xA0;&#xA0;regulatory or political developments affecting the ability of New York issuers to <br />&#xA0;&#xA0;&#xA0;pay interest or repay principal.<br /><br />Please see "Summary of Principal Risks" for a more detailed description of the<br />Portfolio's risks. There is no guarantee that the investment objective of the<br />Portfolio will be achieved. It is possible to lose money on an investment in the<br />Portfolio. An investment in the Portfolio is not a deposit of a bank and is not<br />insured or guaranteed by the Federal Deposit Insurance Corporation or any other<br />government agency.</tt> Fees and Expenses of the Portfolio: Principal Investment Strategies: <tt>Performance information for the Portfolio will be available after the Portfolio <br />completes a full calendar year of operation.</tt> <tt>The tables below describe the fees and expenses that you pay if you buy and hold <br />shares of the Portfolio.</tt> <div style="display:none">~ http://www.Allianzinvestors.com/role/OperatingExpensesData_S000037220Member column primary compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * ~</div> Annual Portfolio Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) <tt>The Portfolio pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). High levels of portfolio turnover may <br />indicate higher transaction costs and may result in higher taxes for you if your <br />Portfolio shares are held in a taxable account. These costs, which are not reflected <br />in Total or Net Annual Portfolio Operating Expenses or in the Example above, can<br />adversely affect the Portfolio's investment performance.</tt> <div style="display:none">~ http://www.Allianzinvestors.com/role/ExpenseExample_S000037220Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Portfolio seeks high current income exempt from U.S. federal income tax <br />consistent with prudent investment management.</tt> <tt>This Example is intended to help you compare the cost of investing in shares of <br />the Portfolio with the costs of investing in other mutual funds. The Example <br />assumes that you invest $10,000 in shares of the Portfolio for the time periods <br />indicated, your investment has a 5% return each year, all dividends and <br />distributions are reinvested, and the Portfolio's operating expenses remain the<br />same. Although your actual costs may be higher or lower, the Example shows what<br />your costs would be based on these assumptions. The Example is the same with or<br />without redemption at the end of each period.</tt> FXIEX -0.0009 0.0009 0.00 0 0 0.00 0.00 0.0009 0.0009 0001098605 ck0001098605:SummaryS000037220Memberck0001098605:S000037220Memberck0001098605:C000114641Member 2012-06-12 2012-06-12 0001098605 ck0001098605:SummaryS000037220Memberck0001098605:S000037220Member 2012-06-12 2012-06-12 0001098605 2012-06-12 2012-06-12 pure iso4217:USD The table reflects that Allianz Global Investors Fund Management LLC (the "Adviser") or its affiliates are absorbing all expenses of operating the Portfolio, other than any extraordinary expenses and expenses incurred as a result of Portfolio investments, including any interest expense. Further, the Adviser and Pacific Investment Management Company LLC ("PIMCO"), the Portfolio's sub-adviser, do not charge any fees to the Portfolio (which may be viewed as an effective waiver). You should be aware, however, that the Portfolio is an integral part of "wrap-fee" programs, including those sponsored by investment advisers and broker-dealers unaffiliated with the Portfolio, the Adviser or PIMCO. Participants in these programs pay a "wrap" fee to the sponsor of the program. You should read carefully the wrap-fee brochure provided to you by the sponsor or your investment adviser. The brochure is required to include information about the fees charged to you by the sponsor and the fees paid by the sponsor to PIMCO and its affiliates. You pay no additional fees or expenses to purchase shares of the Portfolio. Other Expenses are based upon estimated amounts for the Portfolio's initial fiscal year ending October 31, 2012 and include organizational expenses. Interest Expense is based on estimated amounts for the Portfolio's initial fiscal year incurred as a result of entering into certain investments, such as reverse repurchase agreements. This Interest Expense is required to be treated as an expense of the Portfolio for accounting purposes, but the amount of interest expense (if any) will vary with the Portfolio's use of those investments (like reverse repurchase agreements) as an investment strategy. Any associated income or gain (or losses) realized from such investments is not reflected in the Annual Portfolio Operating Expenses table above, but will be reflected in the Portfolio's performance results. The Adviser has agreed irrevocably to waive all fees and pay or reimburse all expenses of the Portfolio, except extraordinary expenses and expenses incurred as a result of Portfolio investments, including any Interest Expense. EX-101.SCH 3 ck0001098605-20120612.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0011 - Document - Document And Entity Information {Elements} link:calculationLink link:presentationLink link:definitionLink 0112 - Document - Risk/Return Summary {Unlabeled} (Fixed Income SHares: Series TE) link:calculationLink link:presentationLink link:definitionLink 0113 - Schedule - Annual Fund Operating Expenses link:calculationLink link:presentationLink link:definitionLink 0114 - Schedule - Expense Example {Transposed} link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 4 ck0001098605-20120612_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 ck0001098605-20120612_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 ck0001098605-20120612_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT EX-101.PRE 7 ck0001098605-20120612_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 8 g103677bci001.jpg GRAPHIC begin 644 g103677bci001.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#UW4-1L]*L MWO+Z=8($P&D?H,G`K('COPLQ`&M6V3[G_"KGB6]AT[P[?7 M]N9TCMHUW-*3P!ZU0L?%>@ZD\B6>J03-%&9'"DY"CJ:H>!K]-8\$VGG!9#$A M@D5AD';P,_ABO._A>H/C9E(&/(E&/RJ8T$U.^\1RK-.-MF>HV/B[P_J=VEI9 MZK!-/)]Q%)RW?C-+<>*]"M-6&ESZE$EV6"^6<\$]`3C`/XUY9I2)'\70B*J* MNH2`*HP!]ZK6LW6CIX_SJ>@7,=R;E-X6[!1\D;7QM[C!QFM7AH\UE?:_0S6( MERWTWL>PT5ROBSQS#X8NHK/^SY[NXF3>@4A5QG'7DD_A6#9?%O.H1V^I:,]K M&[`%Q(24SW(('%<\9F16/??&"UC$0L=,DF)4&0R2;0K$D45 MR$_Q!MT\(0Z_!8R2F6<0&W+X*OSGG'/3]:Q)OBW<6V//\.30[NGF2E<_FM$< M/5EL@=>FMV>E53U75;31=.EO[Z7RX8AD^I/8`=R:K^'-9_X2#0[?4_(\CSMW M[O=NQ@D=?PKB?';2^(?&NE^%T=E@7$DV/4Y)/X*/UI4Z7-/EETW'.I:'-'KL M1Q:GXR\>2N^E/_9&EAB!+G!;_@0Y)^F!45OX-ANYEBA^(!EO6.`J29)/_?>: MV->\:_\`"*ZW:^'['3(C`J1J"7(V@G&``*Y)K:"T^,,<-O$D4:WZ;408`R`: M[8N6TOQP^M>++GPW=:;%Y!:6+?O)W!<]01W`JGX-B_ MX1KQ[JWAP$_9YT$T&3T`Y'Z,1_P&L:D.:+YE:2U]4:PERR7*[Q>GHP^+NK"' M3+72HW&ZXD\R0#^ZO3]3^E<>=9O/^$)_X1__`(1^81`^;]JP_P![.[=C&.G' M7I78>(OAYJ_B'Q/+J,U]:K:NZA8_FW+&,#'3&>*]`:WB>V-L5'E%-FW_`&<8 MQ5*M3ITXQ6O4ETIU)R;TZ'F7P@U+']HZ6S=0)XQ^C?\`LM9'PO\`^1X/_7&7 M^8KH_#'P\U;P[XCBU`7MJ]NN]&0;MS(01Z=>A_"I_!_@#4?#OB(ZE6-V[!SQTQGFCQ%\/]2UCQ?\`VS!=VR0[XFV/NW?+ MC/0>U-5J?M$[_9L)TI\C5NHGB_QM>6?B./1=%LH);X;4\^5O%%&=&'*TUMKW"K"K/F5AOQ< M_P"/;1?]Q_Y+2^(+:WB^#VFM'!&C-Y+$JH!).*O!FL^)M.TN.2[LTN M;1&$S`,$8G&-O'M5O5O"-[?^`[/P_'<0+<0",-(V=AV]<<9K.-2"A!7V9Q+A-J,7'1;GIEM;0V=M';6\:QPQ*%1%'``KSNX M86GQNA>;A9X@$)]XR!^HKM/#=CJ6G:/';:M>_;;I68M-N)R">.3[5S?Q(\/W M5W#;:]I88WNG'<0@^8H#G(]2#S]":Y:+2J.+>]U1Y7H`,9S[>E=?M8P2C+=)HYO9RFW*.S=SC?"O_)7 M)_\`KXN?_9JZ/(N?C6#%R+:S(D([?+_]D*H:EIVF>!O$,WB*;5A<7OI=='A_0DA-XJ>;<3W`)2!.,<#J3D56UV]\1:/X7N;BY MO+4W*SQ+'-;Q$90L`05;//)KC5)NWF=;J)7\CK:*S-0\1Z/I5PMO?7\4,K*& MVG)P/4XZ#W-9&I^)DTKQC#!>7Z0Z:]@90"N0S[L`@@9/%*-.4N@W.*ZG545F MS^(-)M]/AU"2^C^RSG$4BY8/]`.3T-96K>(?.&AW&CWJ/;7FH+#(R`'BL3Q;K%SH>C"\M%C:3SXXR)`2,,V#4E[XJT+3;B6WO-3A MAEA($B$G*Y&1D4*$FKI#^)-'T[R?M5_$GGIY MD>W+;E_O<`\>_2J5EXML[SQ->:,'C7[.BE'W']X<$MVXQBFJ>)@/)7QA/Y/3&7 MSCZ;J[K3=6L=7A:6PN!,B-M8[2N#C/0@5'\ZWC45E)K71?<82@]8IZ:F!/>V.F:GXNCU:1(Y+N M-6@$G6:/RR`%]>>,"J^F7<&AZSHCZU,MN8]"VMYO7._A?KCM77:S_P`?^G_] M=*DU'_D(0?0?SIJHK;;_`.5@<'??;_ASC-.O;K1](TVWDG_LBTU*\N)?M,L8 MS!&>44;N%+>]5=/>/[#IC1S&9/\`A)WVR'JXYP3]>M>A:W_QX?\``U_G42?= MC_Z^C0JMU>P.EK:YE?$8X\+9]+J'_P!#%9\J1/JGCC5_P"NIY_?33:38:+J-NI+:EH_ M]G\?\]"H\L_J?RJU=V:Z/XH%I/JRZ5;/I<=O!-)$C(X7ADRW`/?WKM)/^/6R M_P!]?Y5!XE_Y!R_]=!6BJW:5B'2LF[G'WBV7AFRM-2T77H9;NVLUB^SS@'[9 M"6)4*.H/H1Z5->S/-K'B>V0>3?7VF0F"`\.Y\MMP7U(Z5T-W_P`A72O]T5H3 M_P#(=MO^N34>TZM:_P#!#V9Q]M>66I7?@^#2G1Y[12TZQ]84$>&#>G/'-+H> MGZ5>?#NXBOYTLXIKJ3=<\`JWF_*23[@=:Z?1_P#D)ZC_`-=*=-_R`)_^!?SI M.IT7E^K_`%!0ZOS_`$*?@_5[S4X;V&[EAN_L<_E)>PKA+@8SGTR.AQQ71UGZ :'_R![?\`W?ZUH5A4: XML 9 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 10 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\W.3-C864U,U\U,S-E7S0W86)?83!B8E]E8S5D M8C,S93,W.64B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I% M>&-E;%=O6QE#I! M8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0 M#I0#I0&UL M/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@ M<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'1087)T7S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^ M3W1H97(\5)E9VES=')A;G1.86UE/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&5X=#Y!3$Q)04Y:($=,3T)!3"!)3E9%4U1/4E,@34%.04=%1"!! M0T-/54Y44R!44E535#QS<&%N/CPO'0^2G5N(#$R+`T*"0DR,#$R/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6UB;VP\+W1D/@T*("`@("`@("`\=&0@ M8VQA'0^1EA)15@\'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA&5D($EN8V]M92!32&%R M97,Z(%-E&5D($EN M8V]M92!32&%R97,Z(%-E&5D($EN8V]M92!32&%R97,Z(%-E'0^/'1T/E1O M=&%L(')E='5R;B]C87!I=&%L(&%P<')E8VEA=&EO;B!I2!O8FIE8W1I=F4N/"]T=#X\'!E;G-E'!E;G-E6]U(&)U>2!A;F0@:&]L9"`\8G(@+SYS:&%R97,@;V8@ M=&AE(%!O2!F'0^06YN=6%L(%!O6]U('!A>2!E86-H('EE87(@ M87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE M;G0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$2!&965S/&)R/CPO=&@^#0H@("`@("`@("`@ M("`@(#QT:"!C;&%S'!E;G-E'!E;G-E'!E;G-E(%)E:6UB=7)S96UE M;G1S/&)R/CPO=&@^#0H@("`@("`@("`@("`@(#QT:"!C;&%SB!';&]B86P@26YV97-T;W)S M($9U;F0@36%N86=E;65N="!,3$,@*'1H92`B061V:7-E2!E>'1R86]R9&EN M87)Y(&5X<&5N'!E;G-E2!,3$,@*")024U#3R(I+"!T:&4@4&]R=&9O;&EO)W,@2!I;G9E2!A(")W2!T:&4@=W)A<"UF964@8G)O8VAU6]U(&)Y('1H92!S<&]N2!T:&4@ M'!E;G-E'!E;G-EF%T:6]N86P@97AP96YS97,N/"]T M9#X-"B`@("`@("`@("`@(#PO='(^#0H@("`@("`@("`@("`\='(@8VQA'!E;G-E&-E<'0@97AT2!E>'!E;G-E'0^/'1T/E1H:7,@17AA;7!L92!I6]U(&EN=F5S="`D,3`L,#`P(&EN('-H87)E6]U&%M<&QE#0H-"@T*#0HH M55-$("0I/&)R/CPO&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#,@665A&5D($EN8V]M92!32&%R97,Z(%-E'0^/'1T/E1H92!0;W)T9F]L:6\@<&%Y6]U(&EF('EO=7(@/&)R("\^4&]R=&9O;&EO('-H87)E&%B;&4@86-C;W5N="X@5&AE'!E;G-E'0^ M/'1T/D9)4T@Z(%-E&5M<'0@9G)O;2!5+E,N(&9E9&5R M86P@:6YC;VUE('1A>"X@56YD97(@;F]R;6%L(&-I#QB M&5D(&EN8V]M92`\8G(@+SYI;G-T"P@/&)R("\^:6YC;'5D:6YG("AB=70@ M;F]T(&QI;6ET960@=&\I.CQB2!S=&%T97,@86YD('1H M96ER(&%G96YC:65S+"!A=71H;W)I=&EE#L\8G(@+SX\8G(@+SYO)B-X M03`[)B-X03`[;75N:6-I<&%L(&1E8G0@#L@/&)R("\^)B-X03`[)B-X03`[)B-X03`[86YD/&)R("\^/&)R M("\^;R8C>$$P.R8C>$$P.W1A>"UE>&5M<'0@2!M871U2X@5&AE(&%V97)A9V4@<&]R=&9O;&EO/&)R("\^ M9'5R871I;VX@;V8@=&AE(%!O'!E8W1E9"!T;R!V87)Y M(&%N9"!M87D@65A2!O9B!A('-E8W5R:71Y)W,@ M<')I8V4@=&\@8VAA;F=E2!W87D@;V8@97AA;7!L92P@=&AE('!R:6-E(&]F(&$@ M8F]N9"!F=6YD('=I=&@@86X@879E65A2`Q)2X\8G(@ M+SX\8G(@+SY4:&4@4&]R=&9O;&EO(&UA>2!I;G9E3QB2!B92!S=6)J96-T('1O('1H M92!F961E2(@8F]N9',\8G(@+SYW:6QL(&)E(&QI;6ET960@8GD@=&AE(#@P M)2!P;VQI8WD@;F]T960@86)O=F4N(%1H92!0;W)T9F]L:6\@;6%Y(&EN=F5S M="!M;W)E/&)R("\^=&AA;B`R-24@;V8@:71S('1O=&%L(&%S'1E;G0@=&AA="!T:&4@4&]R M=&9O;&EO(&-O;F-E;G1R871E2!I;G9E&5D(&EN8V]M92!S96-U2!R M96QA=&4@=&\@9FEX960@:6YC;VUE('-E8W5R:71I97,L/&)R("\^:6YT97)E M2!T M:6UE+B!4:&4@4&]R=&9O;&EO(&UA>2!L96YD(&ET2!S965K('1O(&]B=&%I;B!M87)K M970@97AP;W-U2!B92!A;65N9&5D(&]R(&EN=&5R<')E=&5D(&)Y('1H M92!314,@9G)O;2`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`[)B-X03`[)B-X03`[;6%N86=E2!F;V-U2!R:7-K2!O8V-U$$P.R8C>$$P.TES2!M87D@9&5C;&EN92!F;W(@82!R96%S;VX@9&ER96-T M;'D@$$P.R8C>$$P.T-A;&EF;W)N:6$@4W1A=&4M4W!E8VEF M:6,@4FES:SH@=&AE(%!O$$P.R8C>$$P.R8C>$$P.VEN=F5S=&UE M;G1S(&EN($-A;&EF;W)N:6$@;75N:6-I<&%L(&)O;F1S+"!M87D@8F4@869F M96-T960@2!B>2`\8G(@+SXF(WA!,#LF(WA!,#LF(WA! M,#ME8V]N;VUI8RP@2!O2!O9B!#86QI9F]R;FEA(#QB$$P.R8C>$$P.R8C>$$P.VES$$P.R8C>$$P M.TYE=R!9;W)K(%-T871E+5-P96-I9FEC(%)I'1E;G0@:70@8V]N8V5N=')A=&5S(&ET2!B92!A9F9E8W1E9"!S:6=N:69I8V%N=&QY(&)Y(&5C M;VYO;6EC+"`\8G(@+SXF(WA!,#LF(WA!,#LF(WA!,#MR96=U;&%T;W)Y(&]R M('!O;&ET:6-A;"!D979E;&]P;65N=',@869F96-T:6YG('1H92!A8FEL:71Y M(&]F($YE=R!9;W)K(&ES2!T:&4@1F5D97)A;"!$97!O2X\+W1T/CQS M<&%N/CPO65A'10 M87)T7S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S&5D M($EN8V]M92!32&%R97,Z(%-E&5D($EN8V]M92!32&%R97,Z(%-E&5D($EN8V]M M92!32&%R97,Z(%-E51E>'1";&]C:SPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'1T/E1H92!0;W)T9F]L:6\@&5M<'0@9G)O;2!5+E,N(&9E9&5R86P@:6YC M;VUE('1A>"`\8G(@+SYC;VYS:7-T96YT('=I=&@@<')U9&5N="!I;G9E'!E;G-E+"!(96%D:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&@^'!E;G-E+"!.87)R M871I=F4\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E M3F%R'!E;G-E65A'0^4&]R=&9O;&EO(%1U7,@=')A;G-A8W1I;VX@8V]S M=',L('-U8V@@87,@8V]M;6ES2!A9F9E8W0@=&AE(%!O'!E M;G-E'!E;G-E'!E;G-E&%M<&QE2&5A M9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^17AA;7!L92X\ M'!E;G-E6]U&%M<&QE M(&ES('1H92!S86UE('=I=&@@;W(\8G(@+SYW:71H;W5T(')E9&5M<'1I;VX@ M870@=&AE(&5N9"!O9B!E86-H('!E'0^4')I;F-I<&%L M($EN=F5S=&UE;G0@4W1R871E9VEE2!I;G9E2!I;G9E$$P.R8C>$$P.VUU;FEC:7!A M;"!D96)T('-E8W5R:71I97,@:7-S=65D(&)Y('-T871E2!L;V-A M;"!G;W9E$$P M.R8C>$$P.R8C>$$P.V%U=&AO2!I;G9E2!R86YG92!A;GEW:&5R92!F2!S:&]R M="`H92YG+BP@;&5S2!L M;VYG("AE+F65A&5D(&EN8V]M92!S96-U2!T:&%T(&ES('5S960@=&\@9&5T97)M M:6YE('1H93QB2=S(&1U2P@82!P;W)T9F]L:6\@=VET:"!A(&QO;F=E2!O9B!E>&%M<&QE+"!T:&4@<')I8V4@;V8@82!B;VYD M(&9U;F0@=VET:"!A;B!A=F5R86=E/&)R("\^9'5R871I;VX@;V8@9FEV92!Y M96%R'!E8W1E9"!T;R!F86QL(&%P<')O>&EM871E;'D@ M-24@:68@:6YT97)E2(@8F]N9',@=&AA="!A M'1E;G0@9&ES=')I8G5T:6]N2!T:&4@.#`E('!O M;&EC>2!N;W1E9"!A8F]V92X@5&AE(%!O2!S M=6)J96-T('1O($-A;&EF;W)N:6$@;W(@/&)R("\^3F5W(%EO&%M<&QE+"!"=6EL9"!!;65R:6-A($)O;F1S*2X\8G(@ M+SX\8G(@+SY4:&4@4&]R=&9O;&EO(&UA>2!I;G9E2!E>&-H86YG92!R871E65A2!E;G1I=&EE6EN9R!A'!O2!I;G9E&5D(&EN8V]M92`\8G(@+SYI;G-T&5M<'0@9G)O M;2!F961E2!2=6QE(#QB$$P.R8C>$$P.TUU;FEC:7!A;"!396-U$$P.R8C>$$P.R8C>$$P.W1O(&-E$$P.R8C>$$P.R8C>$$P.V]F(')E='5R;B!O;B!M=6YI8VEP86P@2!O9B!F86-T;W)S+"!I M;F-L=61I;F<@/&)R("\^)B-X03`[)B-X03`[)B-X03`[9V5N97)A;"!M;VYE M>2!M87)K970@8V]N9&ET:6]N2!B92!M;W)E('-E;G-I=&EV92`\ M8G(@+SXF(WA!,#LF(WA!,#LF(WA!,#MT;R!A9'9E$$P.R8C M>$$P.R8C>$$P.V5D=6-A=&EO;BP@:&5A;'1H(&-A&5D(&EN M8V]M92!S96-U2!D96-L:6YE(&EN('9A;'5E(&1U92!T;R!C M:&%N9V5S(#QB$$P.R8C>$$P.R8C>$$P.VEN(&EN=&5R97-T(')A M=&5S.R!A('!O$$P.R8C>$$P.T-R961I="!2:7-K.B!T:&4@4&]R=&9O;&EO(&-O M=6QD(&QO$$P.R8C>$$P.R8C>$$P.W-O;65T:6UE$$P.R8C>$$P.R8C>$$P.VQI<75I9&ET>2P@ M:6YT97)E2!O7-E2!N;W0@/&)R("\^)B-X03`[)B-X03`[)B-X03`[<')O9'5C92!T M:&4@9&5S:7)E9"!R97-U;'1S(&%N9"!L96=I2P@;W(@=&%X(&1E=F5L;W!M96YT$$P.R8C>$$P.TES$$P.R8C>$$P.R8C>$$P.VES2!D96-L:6YE(&9O2!R96QA=&5D('1O(#QB$$P.R8C>$$P.R8C>$$P.W1H92!I$$P.R8C>$$P M.R8C>$$P.V9O2!B92!A9F9E M8W1E9"!S:6=N:69I8V%N=&QY(&)Y(#QB$$P.R8C>$$P.R8C>$$P M.V5C;VYO;6EC+"!R96=U;&%T;W)Y(&]R('!O;&ET:6-A;"!D979E;&]P;65N M=',@869F96-T:6YG('1H92!A8FEL:71Y(&]F($-A;&EF;W)N:6$@/&)R("\^ M)B-X03`[)B-X03`[)B-X03`[:7-S=65R$$P M.R8C>$$P.R8C>$$P.VEN=F5S=&UE;G1S(&EN($YE=R!9;W)K(&UU;FEC:7!A M;"!B;VYD$$P.R8C>$$P.R8C>$$P.W)E9W5L871O2!O=&AE3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^270@:7,@<&]S2!O;B!A;B!I;G9E2!O8V-U2!O=&AE2X\'1";&]C:SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'1T/E!E&5D($EN8V]M92!32&%R97,Z M(%-E&5D($EN8V]M M92!32&%R97,Z(%-E'!E;G-E'!E;G-E M'!E;G-E'!E;G-E'!E;G-E(%)E:6UB=7)S96UE;G1S/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&@^'!E;G-E'!E;G-E M17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!A;&EG;CTS1')I9VAT M(&-L87-S/3-$;G5M<#YN;VYE#0H-"@D)"0D\B!';&]B86P@26YV97-T;W)S($9U;F0@36%N86=E M;65N="!,3$,@*'1H92`B061V:7-E2!E>'1R86]R9&EN87)Y(&5X<&5N'!E;G-E2!I;G9E2!A(")W2!T:&4@=W)A<"UF964@8G)O8VAU6]U(&)Y('1H M92!S<&]N'!E;G-E'!E;G-EF%T:6]N86P@97AP96YS97,N/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\ M='(@8VQA'!E;G-E(&]F('1H92!0;W)T9F]L M:6\@9F]R(&%C8V]U;G1I;F<@<'5R<&]S97,L(&)U="!T:&4@86UO=6YT(&]F M(&EN=&5R97-T(&5X<&5N2D@=VEL;"!V87)Y('=I=&@@=&AE M(%!O'!E;G-E&-E<'0@97AT2!E>'!E;G-E7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\>&UL('AM M;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC&UL/@T*+2TM+2TM/5].97AT4&%R=%\W.3-C D864U,U\U,S-E7S0W86)?83!B8E]E8S5D8C,S93,W.64M+0T* ` end XML 11 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fixed Income SHares: Series TE (Prospectus Summary) | Fixed Income SHares: Series TE
Fixed Income SHares: Series TE
Investment Objective:
The Portfolio seeks high current income exempt from U.S. federal income tax
consistent with prudent investment management.
Total return/capital appreciation is a secondary objective.
Fees and Expenses of the Portfolio:
The tables below describe the fees and expenses that you pay if you buy and hold
shares of the Portfolio.
Shareholder Fees (fees paid directly from your investment): None
Annual Portfolio Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
Advisory Fees
Distribution and/or Service (12b-1 Fees)
Other Expenses
Interest Expense
Total Other Expenses
Total Annual Portfolio Operating Expenses
Fee Waiver/ Expense Reimbursements
Net Annual Portfolio Operating Expenses
Fixed Income SHares: Series TE Series TE
none [1] none 0.09% [2]    [3] 0.09% 0.09% (0.09%) none [4]
[1] The table reflects that Allianz Global Investors Fund Management LLC (the "Adviser") or its affiliates are absorbing all expenses of operating the Portfolio, other than any extraordinary expenses and expenses incurred as a result of Portfolio investments, including any interest expense. Further, the Adviser and Pacific Investment Management Company LLC ("PIMCO"), the Portfolio's sub-adviser, do not charge any fees to the Portfolio (which may be viewed as an effective waiver). You should be aware, however, that the Portfolio is an integral part of "wrap-fee" programs, including those sponsored by investment advisers and broker-dealers unaffiliated with the Portfolio, the Adviser or PIMCO. Participants in these programs pay a "wrap" fee to the sponsor of the program. You should read carefully the wrap-fee brochure provided to you by the sponsor or your investment adviser. The brochure is required to include information about the fees charged to you by the sponsor and the fees paid by the sponsor to PIMCO and its affiliates. You pay no additional fees or expenses to purchase shares of the Portfolio.
[2] Other Expenses are based upon estimated amounts for the Portfolio's initial fiscal year ending October 31, 2012 and include organizational expenses.
[3] Interest Expense is based on estimated amounts for the Portfolio's initial fiscal year incurred as a result of entering into certain investments, such as reverse repurchase agreements. This Interest Expense is required to be treated as an expense of the Portfolio for accounting purposes, but the amount of interest expense (if any) will vary with the Portfolio's use of those investments (like reverse repurchase agreements) as an investment strategy. Any associated income or gain (or losses) realized from such investments is not reflected in the Annual Portfolio Operating Expenses table above, but will be reflected in the Portfolio's performance results.
[4] The Adviser has agreed irrevocably to waive all fees and pay or reimburse all expenses of the Portfolio, except extraordinary expenses and expenses incurred as a result of Portfolio investments, including any Interest Expense.
Example.
This Example is intended to help you compare the cost of investing in shares of
the Portfolio with the costs of investing in other mutual funds. The Example
assumes that you invest $10,000 in shares of the Portfolio for the time periods
indicated, your investment has a 5% return each year, all dividends and
distributions are reinvested, and the Portfolio's operating expenses remain the
same. Although your actual costs may be higher or lower, the Example shows what
your costs would be based on these assumptions. The Example is the same with or
without redemption at the end of each period.
Expense Example (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Fixed Income SHares: Series TE Series TE
none none
Portfolio Turnover:
The Portfolio pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). High levels of portfolio turnover may
indicate higher transaction costs and may result in higher taxes for you if your
Portfolio shares are held in a taxable account. These costs, which are not reflected
in Total or Net Annual Portfolio Operating Expenses or in the Example above, can
adversely affect the Portfolio's investment performance.
Principal Investment Strategies:
FISH: Series TE seeks to achieve its objective by investing in municipal securities
to generate income exempt from U.S. federal income tax. Under normal circumstances,
the Portfolio will not purchase bonds subject to the federal alternative minimum tax
("AMT"). The Portfolio normally invests at least 80% of its net assets (plus
borrowings made for investment purposes) in a portfolio of U.S. fixed income
instruments comprised of debt securities whose interest is, in the opinion of bond
counsel for the issuer at the time of issuance, exempt from federal income tax,
including (but not limited to):

o  municipal debt securities issued by states and their agencies, authorities and
   other instrumentalities which are exempt from federal income tax;

o  municipal debt securities issued by local governments and their agencies,
   authorities and other instrumentalities which are exempt from federal income tax;
   and

o  tax-exempt structured notes, which may contain embedded derivatives.

The Portfolio may invest in instruments of any maturity. The average portfolio
duration of the Portfolio is expected to vary and may range anywhere from
relatively short (e.g., less than two years) to relatively long (e.g., more than
ten years) based on PIMCO's forecast for interest rates. Duration is a measure
of the expected life of a fixed income security that is used to determine the
sensitivity of a security's price to changes in interest rates. The longer a
security's duration, the more sensitive it will be to changes in interest rates.
Similarly, a portfolio with a longer average portfolio duration will be more
sensitive to changes in interest rates than a portfolio with a shorter average
portfolio duration. By way of example, the price of a bond fund with an average
duration of five years would be expected to fall approximately 5% if interest
rates rose by 1%.

The Portfolio may invest without limit in U.S. dollar denominated securities.
The Portfolio may invest without limit in U.S. Government securities, money
market instruments and/or "private activity" bonds that are exempt from federal
income tax. To the extent distributions derived from "private activity" bonds
may be subject to the federal AMT, investments in such "private activity" bonds
will be limited by the 80% policy noted above. The Portfolio may invest more
than 25% of its total assets in bonds of issuers in either California or New
York, or both. To the extent that the Portfolio concentrates its investments
in California or New York, it will be particularly subject to California or
New York state-specific risks, as applicable.

The Portfolio will invest, under normal circumstances, in debt securities that
are rated "investment grade", or, if unrated, determined by PIMCO to be of
comparable quality, at the time of purchase.

Subject to the 80% policy noted above, the Portfolio may invest the remainder
of its assets in fixed income securities that generate income that is not exempt
from federal income tax (for example, Build America Bonds).

The Portfolio may invest in derivative instruments, such as options, futures
contracts or swap agreements, which may relate to fixed income securities,
interest rates, currencies or currency exchange rates, commodities, real estate
and other assets, and related indices. Although the Portfolio does not expect to
invest significantly in derivative instruments during its initial fiscal year,
it may do so at any time. The Portfolio may lend its portfolio securities to
brokers, dealers and other financial institutions to earn income. The Portfolio
may also invest in securities issued by entities, such as trusts, whose
underlying assets are municipal bonds, including, without limitation, residual
interest bonds. The Portfolio may seek to obtain market exposure to the
securities in which it primarily invests by entering into a series of purchase
and sale contracts or by using other investment techniques (such as buy backs or
dollar rolls).

The Portfolio is "non-diversified," which means that it may invest a significant
portion of its assets in a relatively small number of issuers, which may increase
risk. The Portfolio may not invest more than 25% of its assets in an individual
issuer (measured at the time of investment).

The Portfolio will not change its policy to invest at least 80% of its net assets
(plus the amount of any borrowings for investment purposes) in U.S. fixed income
instruments consisting of debt securities whose interest is, in the opinion of
bond counsel for the issuer at the time of issuance, exempt from federal income
tax unless the Portfolio provides shareholders with the notice required by Rule
35d-1 under the 1940 Act, as it may be amended or interpreted by the SEC from
time to time.
Principal Risks:
The principal risks of investing in the Portfolio, which could adversely affect its
net asset value, yield and total return, are:

o  Municipal Securities Risk: investing in municipal securities subjects the Portfolio
   to certain risks, including variations in the quality of municipal securities,
   both within a particular classification and between classifications, and the rates
   of return on municipal securities can depend on a variety of factors, including
   general money market conditions, the financial condition of the issuer, general
   conditions of the municipal bond market, the size of a particular offering, the
   maturity of the obligation, and the rating of the issue;

o  Municipal Project-Specific Risk: the risk that the Portfolio may be more sensitive
   to adverse economic, business or political developments if it invests a substantial
   portion of its assets in the bonds of similar projects (such as those relating to
   education, health care, housing, transportation, and utilities), industrial
   development bonds, or in bonds from issuers in a single state;

o  Interest Rate Risk: fixed income securities may decline in value due to changes
   in interest rates; a portfolio with a longer average portfolio duration will be
   more sensitive to changes in interest rates than a portfolio with a shorter average
   portfolio duration;

o  Credit Risk: the Portfolio could lose money if the issuer or guarantor of a fixed
   income security, or the counterparty to a derivative contract, is unable or
   unwilling to meet its financial obligations;

o  Market Risk: the value of securities owned by the Portfolio may go up or down,
   sometimes rapidly or unpredictably, due to factors affecting securities markets
   generally or particular industries;

o  Derivatives Risk: investing in derivative instruments may subject the Portfolio to
   liquidity, interest rate, market, credit and management risks, mispricing or
   improper valuation. Changes in the value of a derivative may not correlate
   perfectly with the underlying asset, rate or index, and the Portfolio could lose
   more than the principal amount invested;

o  Liquidity Risk: the Portfolio may be unable to buy or sell illiquid securities at
   an advantageous time or price or achieve its desired level of exposure to a certain
   sector;

o  Management Risk: investment techniques and risk analyses applied by PIMCO may not
   produce the desired results and legislative, regulatory, or tax developments may
   affect the investment techniques available to PIMCO and the individual portfolio
   manager(s) of the Portfolio;

o  Issuer Non-Diversification Risk: by focusing investments in a small number of
   issuers, industries, foreign currencies or regions, the Portfolio may be more
   impacted by risks associated with a single issuer or a single economic, political
   or regulatory occurrence than a diversified portfolio might be;

o  Issuer Risk: the value of a security may decline for a reason directly related to
   the issuer, such as management performance, financial leverage or reduced demand
   for the issuer's goods or service;

o  California State-Specific Risk: the Portfolio, to the extent it concentrates its
   investments in California municipal bonds, may be affected significantly by
   economic, regulatory or political developments affecting the ability of California
   issuers to pay interest or repay principal; and

o  New York State-Specific Risk: the Portfolio, to the extent it concentrates its
   investments in New York municipal bonds, may be affected significantly by economic,
   regulatory or political developments affecting the ability of New York issuers to
   pay interest or repay principal.

Please see "Summary of Principal Risks" for a more detailed description of the
Portfolio's risks. There is no guarantee that the investment objective of the
Portfolio will be achieved. It is possible to lose money on an investment in the
Portfolio. An investment in the Portfolio is not a deposit of a bank and is not
insured or guaranteed by the Federal Deposit Insurance Corporation or any other
government agency.
Performance Information:
Performance information for the Portfolio will be available after the Portfolio
completes a full calendar year of operation.
XML 12 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 13 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Jun. 12, 2012
Registrant Name dei_EntityRegistrantName ALLIANZ GLOBAL INVESTORS MANAGED ACCOUNTS TRUST
Central Index Key dei_EntityCentralIndexKey 0001098605
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Jun. 12, 2012
Document Effective Date dei_DocumentEffectiveDate Jun. 12, 2012
Fixed Income SHares: Series TE (Prospectus Summary) | Fixed Income SHares: Series TE | Series TE
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol FXIEX
XML 14 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Jun. 12, 2012
Fixed Income SHares: Series TE (Prospectus Summary) | Fixed Income SHares: Series TE
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Fixed Income SHares: Series TE
Investment Objective, Heading rr_ObjectiveHeading Investment Objective:
investment Objective, Primary rr_ObjectivePrimaryTextBlock The Portfolio seeks high current income exempt from U.S. federal income tax
consistent with prudent investment management.
Investment Objective, Secondary rr_ObjectiveSecondaryTextBlock Total return/capital appreciation is a secondary objective.
Expense, Heading rr_ExpenseHeading Fees and Expenses of the Portfolio:
Expense, Narrative rr_ExpenseNarrativeTextBlock The tables below describe the fees and expenses that you pay if you buy and hold
shares of the Portfolio.
Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment): None
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Portfolio Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover rr_PortfolioTurnoverTextBlock The Portfolio pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). High levels of portfolio turnover may
indicate higher transaction costs and may result in higher taxes for you if your
Portfolio shares are held in a taxable account. These costs, which are not reflected
in Total or Net Annual Portfolio Operating Expenses or in the Example above, can
adversely affect the Portfolio's investment performance.
Other Expenses, New Fund, Based on Estimates rr_OtherExpensesNewFundBasedOnEstimates Other Expenses are based upon estimated amounts for the Portfolio's initial fiscal year ending October 31, 2012 and include organizational expenses.
Expense Example, Heading rr_ExpenseExampleHeading Example.
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in shares of
the Portfolio with the costs of investing in other mutual funds. The Example
assumes that you invest $10,000 in shares of the Portfolio for the time periods
indicated, your investment has a 5% return each year, all dividends and
distributions are reinvested, and the Portfolio's operating expenses remain the
same. Although your actual costs may be higher or lower, the Example shows what
your costs would be based on these assumptions. The Example is the same with or
without redemption at the end of each period.
Investment Strategy, Heading rr_StrategyHeading Principal Investment Strategies:
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock FISH: Series TE seeks to achieve its objective by investing in municipal securities
to generate income exempt from U.S. federal income tax. Under normal circumstances,
the Portfolio will not purchase bonds subject to the federal alternative minimum tax
("AMT"). The Portfolio normally invests at least 80% of its net assets (plus
borrowings made for investment purposes) in a portfolio of U.S. fixed income
instruments comprised of debt securities whose interest is, in the opinion of bond
counsel for the issuer at the time of issuance, exempt from federal income tax,
including (but not limited to):

o  municipal debt securities issued by states and their agencies, authorities and
   other instrumentalities which are exempt from federal income tax;

o  municipal debt securities issued by local governments and their agencies,
   authorities and other instrumentalities which are exempt from federal income tax;
   and

o  tax-exempt structured notes, which may contain embedded derivatives.

The Portfolio may invest in instruments of any maturity. The average portfolio
duration of the Portfolio is expected to vary and may range anywhere from
relatively short (e.g., less than two years) to relatively long (e.g., more than
ten years) based on PIMCO's forecast for interest rates. Duration is a measure
of the expected life of a fixed income security that is used to determine the
sensitivity of a security's price to changes in interest rates. The longer a
security's duration, the more sensitive it will be to changes in interest rates.
Similarly, a portfolio with a longer average portfolio duration will be more
sensitive to changes in interest rates than a portfolio with a shorter average
portfolio duration. By way of example, the price of a bond fund with an average
duration of five years would be expected to fall approximately 5% if interest
rates rose by 1%.

The Portfolio may invest without limit in U.S. dollar denominated securities.
The Portfolio may invest without limit in U.S. Government securities, money
market instruments and/or "private activity" bonds that are exempt from federal
income tax. To the extent distributions derived from "private activity" bonds
may be subject to the federal AMT, investments in such "private activity" bonds
will be limited by the 80% policy noted above. The Portfolio may invest more
than 25% of its total assets in bonds of issuers in either California or New
York, or both. To the extent that the Portfolio concentrates its investments
in California or New York, it will be particularly subject to California or
New York state-specific risks, as applicable.

The Portfolio will invest, under normal circumstances, in debt securities that
are rated "investment grade", or, if unrated, determined by PIMCO to be of
comparable quality, at the time of purchase.

Subject to the 80% policy noted above, the Portfolio may invest the remainder
of its assets in fixed income securities that generate income that is not exempt
from federal income tax (for example, Build America Bonds).

The Portfolio may invest in derivative instruments, such as options, futures
contracts or swap agreements, which may relate to fixed income securities,
interest rates, currencies or currency exchange rates, commodities, real estate
and other assets, and related indices. Although the Portfolio does not expect to
invest significantly in derivative instruments during its initial fiscal year,
it may do so at any time. The Portfolio may lend its portfolio securities to
brokers, dealers and other financial institutions to earn income. The Portfolio
may also invest in securities issued by entities, such as trusts, whose
underlying assets are municipal bonds, including, without limitation, residual
interest bonds. The Portfolio may seek to obtain market exposure to the
securities in which it primarily invests by entering into a series of purchase
and sale contracts or by using other investment techniques (such as buy backs or
dollar rolls).

The Portfolio is "non-diversified," which means that it may invest a significant
portion of its assets in a relatively small number of issuers, which may increase
risk. The Portfolio may not invest more than 25% of its assets in an individual
issuer (measured at the time of investment).

The Portfolio will not change its policy to invest at least 80% of its net assets
(plus the amount of any borrowings for investment purposes) in U.S. fixed income
instruments consisting of debt securities whose interest is, in the opinion of
bond counsel for the issuer at the time of issuance, exempt from federal income
tax unless the Portfolio provides shareholders with the notice required by Rule
35d-1 under the 1940 Act, as it may be amended or interpreted by the SEC from
time to time.
Risk, Heading rr_RiskHeading Principal Risks:
Risk, Narrative rr_RiskNarrativeTextBlock The principal risks of investing in the Portfolio, which could adversely affect its
net asset value, yield and total return, are:

o  Municipal Securities Risk: investing in municipal securities subjects the Portfolio
   to certain risks, including variations in the quality of municipal securities,
   both within a particular classification and between classifications, and the rates
   of return on municipal securities can depend on a variety of factors, including
   general money market conditions, the financial condition of the issuer, general
   conditions of the municipal bond market, the size of a particular offering, the
   maturity of the obligation, and the rating of the issue;

o  Municipal Project-Specific Risk: the risk that the Portfolio may be more sensitive
   to adverse economic, business or political developments if it invests a substantial
   portion of its assets in the bonds of similar projects (such as those relating to
   education, health care, housing, transportation, and utilities), industrial
   development bonds, or in bonds from issuers in a single state;

o  Interest Rate Risk: fixed income securities may decline in value due to changes
   in interest rates; a portfolio with a longer average portfolio duration will be
   more sensitive to changes in interest rates than a portfolio with a shorter average
   portfolio duration;

o  Credit Risk: the Portfolio could lose money if the issuer or guarantor of a fixed
   income security, or the counterparty to a derivative contract, is unable or
   unwilling to meet its financial obligations;

o  Market Risk: the value of securities owned by the Portfolio may go up or down,
   sometimes rapidly or unpredictably, due to factors affecting securities markets
   generally or particular industries;

o  Derivatives Risk: investing in derivative instruments may subject the Portfolio to
   liquidity, interest rate, market, credit and management risks, mispricing or
   improper valuation. Changes in the value of a derivative may not correlate
   perfectly with the underlying asset, rate or index, and the Portfolio could lose
   more than the principal amount invested;

o  Liquidity Risk: the Portfolio may be unable to buy or sell illiquid securities at
   an advantageous time or price or achieve its desired level of exposure to a certain
   sector;

o  Management Risk: investment techniques and risk analyses applied by PIMCO may not
   produce the desired results and legislative, regulatory, or tax developments may
   affect the investment techniques available to PIMCO and the individual portfolio
   manager(s) of the Portfolio;

o  Issuer Non-Diversification Risk: by focusing investments in a small number of
   issuers, industries, foreign currencies or regions, the Portfolio may be more
   impacted by risks associated with a single issuer or a single economic, political
   or regulatory occurrence than a diversified portfolio might be;

o  Issuer Risk: the value of a security may decline for a reason directly related to
   the issuer, such as management performance, financial leverage or reduced demand
   for the issuer's goods or service;

o  California State-Specific Risk: the Portfolio, to the extent it concentrates its
   investments in California municipal bonds, may be affected significantly by
   economic, regulatory or political developments affecting the ability of California
   issuers to pay interest or repay principal; and

o  New York State-Specific Risk: the Portfolio, to the extent it concentrates its
   investments in New York municipal bonds, may be affected significantly by economic,
   regulatory or political developments affecting the ability of New York issuers to
   pay interest or repay principal.

Please see "Summary of Principal Risks" for a more detailed description of the
Portfolio's risks. There is no guarantee that the investment objective of the
Portfolio will be achieved. It is possible to lose money on an investment in the
Portfolio. An investment in the Portfolio is not a deposit of a bank and is not
insured or guaranteed by the Federal Deposit Insurance Corporation or any other
government agency.
Risk, Lose Money rr_RiskLoseMoney It is possible to lose money on an investment in the Portfolio.
Risk, Nondiversified Status rr_RiskNondiversifiedStatus by focusing investments in a small number of issuers, industries, foreign currencies or regions, the Portfolio may be more impacted by risks associated with a single issuer or a single economic, political or regulatory occurrence than a diversified portfolio might be;
Risk, Not Insured Depository Institution rr_RiskNotInsuredDepositoryInstitution An investment in the Portfolio is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Performance Information:
Performance, Narrative rr_PerformanceNarrativeTextBlock Performance information for the Portfolio will be available after the Portfolio
completes a full calendar year of operation.
Performance, One Year or Less rr_PerformanceOneYearOrLess Performance information for the Portfolio will be available after the Portfolio completes a full calendar year of operation.
Fixed Income SHares: Series TE (Prospectus Summary) | Fixed Income SHares: Series TE | Series TE
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Advisory Fees rr_ManagementFeesOverAssets none [1]
Distribution and/or Service (12b-1 Fees) rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_Component1OtherExpensesOverAssets 0.09% [2]
Interest Expense rr_Component2OtherExpensesOverAssets    [3]
Total Other Expenses rr_OtherExpensesOverAssets 0.09%
Total Annual Portfolio Operating Expenses rr_ExpensesOverAssets 0.09%
Fee Waiver/ Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.09%)
Net Annual Portfolio Operating Expenses rr_NetExpensesOverAssets none [4]
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 none
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 none
[1] The table reflects that Allianz Global Investors Fund Management LLC (the "Adviser") or its affiliates are absorbing all expenses of operating the Portfolio, other than any extraordinary expenses and expenses incurred as a result of Portfolio investments, including any interest expense. Further, the Adviser and Pacific Investment Management Company LLC ("PIMCO"), the Portfolio's sub-adviser, do not charge any fees to the Portfolio (which may be viewed as an effective waiver). You should be aware, however, that the Portfolio is an integral part of "wrap-fee" programs, including those sponsored by investment advisers and broker-dealers unaffiliated with the Portfolio, the Adviser or PIMCO. Participants in these programs pay a "wrap" fee to the sponsor of the program. You should read carefully the wrap-fee brochure provided to you by the sponsor or your investment adviser. The brochure is required to include information about the fees charged to you by the sponsor and the fees paid by the sponsor to PIMCO and its affiliates. You pay no additional fees or expenses to purchase shares of the Portfolio.
[2] Other Expenses are based upon estimated amounts for the Portfolio's initial fiscal year ending October 31, 2012 and include organizational expenses.
[3] Interest Expense is based on estimated amounts for the Portfolio's initial fiscal year incurred as a result of entering into certain investments, such as reverse repurchase agreements. This Interest Expense is required to be treated as an expense of the Portfolio for accounting purposes, but the amount of interest expense (if any) will vary with the Portfolio's use of those investments (like reverse repurchase agreements) as an investment strategy. Any associated income or gain (or losses) realized from such investments is not reflected in the Annual Portfolio Operating Expenses table above, but will be reflected in the Portfolio's performance results.
[4] The Adviser has agreed irrevocably to waive all fees and pay or reimburse all expenses of the Portfolio, except extraordinary expenses and expenses incurred as a result of Portfolio investments, including any Interest Expense.
ZIP 15 0001104659-12-045860-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-12-045860-xbrl.zip M4$L#!!0````(`,Q]VD!9GQV&KQL``-!]```9`!P`8VLP,#`Q,#DX-C`U+3(P M,3(P-C$R+GAM;%54"0`#D!'J3Y`1ZD]U>`L``00E#@``!#D!``#L/=MRXS:6 M[ZG*/V`UFY1[2W?)-W6WIWQ-7.-N=UGNFYMOWG`.0 M!"C);;DOJTKM2]*60.#<[Z#>_/5Q%K-[KK20R=M:I]FN,9Z$,A+)Y&TMTXU` MAT+4F$Z#)`IBF?"WM077M;\>_?C#F_]J--CYV2_'-^PZB47"V67C'4^5>&2_ MA3SF*DCAHP0?#3D[DV$VXTE:9Z-`\XC)A/UV'AR:/ M)H%J2-JP&RUA:5(S*P?X;?S$ M>CCZ$Q*M6(\?>.L?>K2Z:2'?#QXPX-$`0WM:TF,UC MI"-]%JA0R9@_3Q;HB:GBX[+XTM@QZP:G">I")=W/") MT*D*DO1],.,LE$G*'],;A)#+^`YA[!SV.MW=!JAB=^^@U^G?#6_/[CIW.'>ZMW_6VSTX;O3VNJ>-_L7Y6>/D8G^_<7%QN'_8O[C8 M/VD?PO/MVM'QU=7E\?M_L5^NKD^.K]CE^[^?#V^O;X;LW?'[XU_.S]CQZ>GU MQ_>W0W9[\W%X^Z:U#NX2J]QFY9;D#"W:U\!J_Z)W<+)[!E@=')PU^F?G_<9Q MY^RL<;%[L']PWCOIG!R<&*P*J]4U`*\":1G@\_&8AZFXY]\;XLYZB#V8ED'^ MP)60T7D2?6^0=]>#[,&T#/(M:/#WA+17.[I.IUSY0"(4544\A<]5$%\F$7_\ M&U]\3TT$"2AMD:MD%9A*D(\!BP@QN8B#R?>D9[]V-`YBS0V4'A@&.J4&'Y34 MSZZ\J%;WC_79GO]LX[[8/&OW]_E[C\+S;:YST3]M[^^WSDXOS M]ET'#K[K'M:.1@LV!K'5$%TR$Q,@P37\FP5,SP((K))L-N**R3$36F>`41V^ MC3(PSX+#O\=2<3%)6)@I!8$J?,:D8@H,N$S@ZQ]_``5A'Z1*QS(6DLV"!1MQ M-H.G&'C:($PA]`0H%-!,LT!K&8H`/WL0Z11A`,AB;H_&G8N/.%!3SD2(9\QA M[U2$06S/SN(`@IL%DZ$%B[-T&B!.#E/8O(2*XLP1?TUL7<>_"H-3"*4SQ:,S M/I=:X'D86XLTHQAWNWC=0W^<."Q&#ON<$9HE,D42&7R0XP'D!LDG!JE&_K4P M.".=)UF`'IK#7S_^`"S$[2YX!&E&S"Q-&)&(THU3J8#>)OY'-B;`';2=#,)% MKA*"*9@`JQ9-APE/TKC@Q_GCG">:GS\&&+O]R@/,EK:,`YV#VI$%T""X$N@" M)?(K=HE^SQ\N()LZP3SM.CD'`LQ`1[;-GD#.8MPAR^%F`6BYR2ZS.?"=6\@C M%LP@/00[`];#%\.?`V#T:S1`H-`@2&.A4:T7/%`@9>`0D+/782K1)O4Z=));6`S1GT/6TM5P!?#-4'RO$_Y/`.%:77&];73O M01CB@`J$H'^2IBW1%^PJV'2PP,%](.)@!(8T&*>\N@JR0A!*E+&`C3-X`I@` MQ`E<2R`'1BIJ<#N.8(KJ?D[ MF;PTJ/MV&('!N4S1;H-&:8&<3B6+`5KPO@@NB$?PI$LH#7&!HX?YEG)R#]1! M@340\P#+0A!7#`I$J@P<3L%$364,7NN"8-==>!D""C;&>-_YX&( M(*11()TQ1')*SMA"9LIAZJL!8Q#+<*+`:FP+8IP$ZA16I,=)Y*CS+1J)[61U MK^-;OLO2\AF6?QZC4A)2+(].%N\#A7;MGM\"GB>Q##]M&=)=R(]_CM/7:?KS M)'U]<3G\=<"&'(-Q=GO.-.<01X.B!^%4\'OP!N!E96Z_,-(VLF$"?C;+$F$4 M17,(E<'GPC:X^TBQ%NX/.T%09DK'H%-R!H'W(Y_-4R-M'YO#)AO;H,]^GP:/ M3?8Q05%-D.+@/(2"U-A4*"$G\/9?=DX89LXS%4[!+[,1Q.&:Z8PP0+SP@?S` M(`;/E1"W((1/Q"R;X>GN_CNUXW>WM5=-=NL=9`"+6`@)@=KE^95*I,M6`O0W1 MQ"./!4,/3UW(++.1`# MX^PQT<_;/H3`2_.XB`QL9@7XXU\0`O$\U4-NU3UN+S.Z7@$=0S`4K9U1EA(C M8S$3&/"E\M7`7>K^&X*^V?SU7QZ/VZ_+?Y626<6;(*:D$22*0A1`$8`7RB00 ME)8&63J5]H&@0H)5QY7_,EE)R84@SLDMPBE%M$^3Y/571Q.,$'Q?YDFK,7X^ MAE7:?#'&FYR=1!O1![9OV-,1O#"E[!,D"U$V`&))`4UT`-+/9R,>1;`"8!3W M9!ET<]V!MTN5":/`J$:N%F(B#.DJ.!;DS<+8D@"X`<0O-=O=.\G&5C M1A(:G6#W@5H0#_!T2)1A0SCJ`?C!B=KNIHK'A!!8+0W\2]D.;TZ:=;!;D))0 M>2-]D!2?@]6!O9WUL42=-,NI](++/3/,D_S)HAOXX?+=Z76>CV&9)T3[:.R< MM3GH%G23G>7H"LP79F!'@4L>:PT9"LQC,>:FON"902O]6$H(*'+-M"%3!*F( MFF%'$[9Q-]:0R(&PWN-#M%^^10XWF,^0`E]P)T!=;7CK@X_L1`JA&?0W]_?* MN5HG9(B.^?GH9XO4ZLG3W`.&8!SC0,6+NN@LP9AV?MK<'B#4 M,K/.#`E)'CR2,3`/9!/+D`F5-4KSW?R"C7\I*V+EAG63M;G;S@+UB:>>J0)3 MT@(%K+ M@;HQ".[>:Z(]MH,A0&'J3S(!]OEX!H8@#-@)ZL*K%T5<9<3F6K2ZT7^0+4G% M"NPX91@$:I])J!=A2KTG_1#,(2Y6G-L=RC"10B+RBFOH5/?UR'67]4J+R_ZU M`%(8%ULLD[.9C*S15AQKT*0PGJP68;=A79V"0`,>@A6![]0XV(3^83*MB$8D M>U`D=;K*(JEG<0>3FB=,=&`"`&$D-N:V!6Q+#"!(!&$X"- MX$[A6>$40`P-N)&%!`M(QBGO+!-J:;G">5A2%.>3A-Q.\9 M%B]S&H\RB`:"\!,^ZL6")K12\+]G6Q.P8[5$)@VG;5NOY;K/@\3:0"O#5AP" M5TVJ@:X-1GT#&[AYU=H.>6ER0`S`!FB_QH,>UB$)8-?1PP$C(2MR3 M#/G>WQ1T=FP:%BV5=LK:\"9.&D&S=LYH-?FOM%"LSQ30O)H<%=,0)M,&S!-L MIZ3V5#5MD_(9Y$&FUOG2^IE?\@.1_XKU,R_(!,>:)3:5=XD/.0XP&<#59?%> MFSP*%P);,,U2_/=,*&/*;K+8W[NW&S4Z-KK"9SJ'_38[#E,*V:P^8$<0YVU, M:Y^(,E?<":.'YZ<&"0]J1!>-#CH!_*)EJM*FV["VHNYUD6XXN/-D.QL,G=K1 M!0G:I>'8\%?@@7;J[45CR<-BN>DYQ&F5*%"+;>TJ]-VFPBUE.(I0:H7!7%#" M`^DVQ^&]V"D.W6SLJ]3*'U32:UJ'@ MCPQM?6MIWY,"4\2QC50SH%7X#]L_\FQ5[O9"*MD$$?IA])(!#9J21W"-1^$= MV'T09V`J%X+CO[))JN-[52##8G1V`B+$E68BCRB^"8OSAL/7F?Y/L\_N3PDW\O/`BPP!@(M M_K#E4(3'RE$L)C:Q0*PP$]VGSZ:1UEH M&3F%9!@4.@3S!W](2JM`3A2D,@B@PVY(BDW+[E4YF[N1(#LDS--7B@(MLA3W M.=7-8@:7ZAJ;2=5E'F_?8"7&"-*ZHA45&WA(5]G@6'(3+,J\ML;SD5QJ@+S^ MLJ[+!NKJ:\'7;LI\7IA]##9CV"FD%:!2IA2 M>I#2VNH-+:KQ324IC42C+2F%7CXD9=;E&]2)9-D<<8E@T2:1@08J8HZF0 M*#GE3<11S,##S$&?4%ILS_6TM!^>''F*D%>40JELX7L#J\'5V$P5%J6&:MVS M3L@;1Q'QQS+R6&D@-K269I[!RT!LL;R8=<>;-Z$==4R(G1)9NF>EG< M#8K,8@/=YZC0FQJJ0GA=):O6<:EG@0$@+(\7-/"/#4"WI9;+X`:2IR3$0#3I M41`#5"V+[=Q3C'=#306V[MSU,;XA>/3#03Q^`T:91)5,L+X3;M,]PN*T*&<>?+BY3'AB:T'?.%"/B*>=QC3C0H: M3I*YN7D]5U)TI"`T8A-)$)51JG\F:;#6/Z5?9\$&LB961:O5S=@PW= M,*`M!QR&-,BP(JUU:EJI-Y>WO#I(;H.XJWC'&08GRJFI9JG(B#1W,:B%A6SB7ZKJ5<0=OC)(&\#>^"7QLN M)9-<]^FNX+;2NF>O`D*BP72ZP/=414+/XV`Q2,`)U9`$_V&?>_L7ON"JM83X M69`&=T/`K]W;[W;;[SCEA*&,LUEBQ\<6=#\-TB_V/TP1<\7=%9\$L7F_S/&C MT)452MV5[TRAVZBGV'^LK&3_(18"5@4/G\VAX'LY$#?'L!2@ MEQYH9[6*<`A&C(7!X6O,Q#"BI:1K[&>)U6O!9CAC#8W63V9LJR9T>U6SXTQ0 M!0MMVF9X>8`D0+N#Q3BO"[&PJ4D\3'F"R0%8'6.;L`3HIP9.&7`'[UI@TQO, M$%"GY@^\OFJR7R'9-Z4\,T=9UITM09'E=C(IB&"SF M2X-';D;G4#Z$9?KJ:-8:3YQ+4!95_8`/C[4)JL%`,K7E.K_(Z(,:BBH]C MD]-4KAZ8X2&Z=9"RY\BVZ32BM-IWH>3S\*%_1VUIH&3-BT/*J<'2L2X[W;62 MO>:M,O\0Z?0&`N<9:!:?B5DI>%8W('JI'.51;SHKY`"E46^]7-] M55*N49^MCUL[AS[102ASS_[K3K0%P?(A^* M/`>BUM2=_=6=!-S"R\+%U($1>9RU-+=AP"OAA1W:`AN,"<9#8%IVQT:%9X62``I M"A:Y75^DI_(!9\7]NV:TE]FDN*!:7)Q.R6L2-\R=)9]EPHP6(G2&^_[=A_RR MB"JL63Y<3I-S8T-?PZ-UNY(6YN>#\'P$V7*[5#1>S40:A`HKG-7QT;`:XOA.2 M62+,&?-,\1HV9,!"QOIMK?]B`G0@T6NTFP#P(;'Y\\BN?I'=/XTF=-J.*CP7 MWX)`D*%NH67\`FKL.=18B5Q5,;8)[R_P"'W/(SR!]BF$[)`")VEWN_SBHQ:# M1,1O:ZG*^,OIT"U^`\#%M;-=N'X5CG<\CG\654,4BR\=^NWPI;/@-+I2OK!_ MP=^8!:4X#:08_?2$_ZL2^2]GG%[^S7]A>_E8N97F$_3X1V_,+V`,(!&*12A2 M6Y6)((M+S`_(N"^F=UZ/F'^$Q9?:D?MK%0/;G:^6>MZT5I[U3!`JQ:'JD5_M M+.^E['Z-J7+F*3&_O]?O?.;,5DYLR]:6Q]_M[P@YOV]$\V\1CPI@S/ZQ#+T?,/K+RYRRW>-_J[N2W;9A(/HK@BZV`=M) MG-2H+P6"'GK)H4#10T^%'!,M454R*"]-O[Y\,\--7N)Z`Z)3X$CDS'"5YKW' MLIBJ\MB%/3$7VI>+VN0W%S!W=`9S1]JJ9=&SEBS]>!`/E4-OG[)/WB:A6X-U,$5M9KI"CLV7D`!Q=$79I1GC"B33#+QF M@"0&"&Q,VT8%'A\JQ0VMNP8V]+/T@IWB+U7_N6#\;@1+BV*$33Z*IUCEQ+[( M>RT608?X^X.""^U#JDJ$:PQ+JS+H2+#`P9MN$.R9JFREU5I\KS+ECLG*UO3) MM3?,OM5+Y`7DNW^Q%H;N&HCW_C8VM&X8#+I0/Y"1`P\.T5[S2QDF&(P=!1YV\\HF$,; M?_#SM(VRISLWRIM&B)."C3^)$Q&%;.XY4%J!DZ.`:DN#'#C M^2>X3J)Z0_DV`H&]I#69C2R4A(-3+;X/1N*OL MJABQ;E_^45+C;SV0\(32X!WGC?&6;# M8^;(NXO.D20:C?.<,HHL8AM;2;=;'XQ%`4)R;&"9;N6]K@EI@23#/"8)!$V+1 MDA)K+S]95Y.^6(]QO22YO3DG=DAMFBMF7;!`\>B6^I?:YG`6N=P3%Z(YJ1$, M-?#]+S$Q32`90.I2L!.V2=-"7PETZA"@%>]0!%R% MN#F<\T9I<50B%)7C89YEW-Q??$?F%C@"**"=K'^VTZ]J*-22;@"MZ+21\EAD MS,?$:Y&TZL8VJ[62JC_/:KXXTZ9J][5GN]4>9`>VSJ-QFWSTM%-?UNH]R\GK MA^C*'3<0'QB$MK;Q5$8.P8[;W=Z^ZRW@'%Z-]GDU>JM>C?=Y=?]&O9KL<^KV M"DZUQQJ^S^#<I/=7@+ M``$$)0X```0Y`0``W5=M;]HP$/X^J?_!R[YL4ITW5E8B:,5H-R'!D*#=JGVI M3'(%JXD=V>9MOWYV2#:R%9IJHQK[0HCSW-WSW)TO3O-\F<1H#D)2SEJ69[L6 M`A;RB+))R[H>X?:HT^U:YV='+YHO,4:7%Q_;0S1@,66`NK@/2M`EN@DA!D$4 MH"NRY(PG*]0A<3B+B=)N48^R^S&1<(S,;X3TTLW[80_YMH?05*DT<)S%8F%# M-"$"\\RY'?+$01@7@3^O*0:H;GLG]LG&DR&?L2A`WL921\`ZS5KGPW\/S`;7S=1/-T)>ADJM#K\(T&NR=86W@EK<>HRT(;M>,8#0U4HB%( M$'.([-Q3G(M$.J%,MJP-79JFI0!!M19@[7,"P6<(Z MPS7/7LK(.C,!FX+',(0[E'$(U"J%EB5IDL9@Y6M3`7+E-@$N0%4>1VI.%N[9WONWU(QB`L9")=#[LE0;I.E+!O ME,U!*BYDUDT&Z%3TZJQ5A#^[V#1Q20TL%;`(HD*/GFNOIK4NMCUL7^:)5>(VPY/4LZ`*6^@IB`**@,] M#-I2@I*%_YB,(6Y9E4R<9^+L/YWS5I,]<[Z@4@_)\/_8^ MP&[JE2WWK*!*FI\_KSH'7PC5X09B"#09SX2$1-=Y%\L*-GMFW2>,3+*8CU5_ M*W+/##^!JE+PAV%[YE9YUS^ZUSUN4J1(1%@[UW]_&>OE5F",<.4N2S!NF M"I+"_D[P9-OV*&+RW=5&7$0@]-',=6WS@K#0`LP))#NLZ;M44"ZH6K4LWT(S MJ;GRU/`@\;\KMOI(S,7[_Y'XK3V<:WU[.%IWCHI<[@ZE!]325916>2'ERFN' MH_R1D9MKKW"8/+RB/U'Z]C/IGTZQIO/+AXCYX/SQG:9OO@-02P,$%`````@` MS'W:0#TZ.>R^"@``R`L``00E#@``!#D!``#M75MSXC@6?I^J^0]> MYF6W:@PVY-)0R4S1(;V;VERZ2&:G=U^Z!!;$VT:F9)&0_?4K&3M@;-ER@HU$ M])*+?61_GRY'TCG'.F>_+V>>\01QX/KHO&$WK88!T=AW7#0];_QQ;_;O+ZZN M&K__]O-/9W\Q3>-R\/?^T+A#GHN@<67>0(+=I?%M##V(`8'&`UCZR)^]&`,X M<9%+Z%.-:Q?]&($`_FJPGXY!+WW[/+PVVDW;,!X)F?=:K>?GYR9TI@";?OCL MYMB?M0S3C-_[KQ7"GG'2M(^;QQMWAOX".3W#WKAT@2$(W^Q02#VC;=EMTSHQ M[[TD1A_'?^-"EO')BUA)ZC^:ERA<=/H>YXQ9**! M,80!Q$_0:49/\B*2!JU/%)PW-G@M1]AK^GC:HL_NM&+!QL\_&2OAWC)P$P6> M.[&XW?IVW92F.!SR*KX)Z[BUNKF2 M#MQ>$+[SVA^'%2E`Q^!*L/_,6,QDETS:'AV[N0RO$;K/G_#+PQXL91"3^#9!S MB8A+7J[0Q,>SD$7#8._Y8WB5H$/;U`7H?RYZ@@'Q<1#V/";8$GIF:U<,AF[P M8PC)`J/O]U3&ZIRVV]8-G(T@+@L\[U$[PWLW9R.>JHG+Y1RB``8#0,"[H0L^ M=6ZL M%)-'R#.8N&4BF8 MB:(58GRDC\#CQ0B:KS53#FG6`R*\SNL:B"V!$ICADD#D0"=&S1ZURVDI!$`A M>/XX\5Z/S>@^SJPLLEJ[N3!8U=DB:"T"^\D;[?*@61K\$W[WR_8'_;1R='=JR_$RCR M93B9P3-PG6%"M2;F] M0MX8Q?&E_M(-(79\J)J>@YI-R>X7\0-^4@S2\O1>`*_5^03%@ MX%W1:6/Y3_B2@31;;H^0N3HB<7N/`(=PZ@:TMA"Y!;.LQL\4VPO@:S@%W@H. M1Q]L2[P)IN!>`^/O7[$?S*G67`3WCP##"P\$00:R/,G:$#Z`D;?=O!D"%>-9 M[[+Z(]:=QB0-*4.FDI52>J?+7REQMK&5U=.ZEV0JD"R):NIH,9L!_%*JJCA% M]J(R'C!@=MS[E]G(]S(41O+^*\3UMJ6/DV#IGB=^3+3]*;N3BTI/L#_+7"W& MK_,%Z]7PL0/Q>:/=I/RMAC&GJPE,%2"]TC`6`<7GSQD34!V_U':<1[%@9<AH7(9"4S:C%FF!I:` M7*:IALLO,>5OCRWN4#P,FJEN&P\U=6GE]MV(7F>/]$*+]A8=_GHOQ2CBF^I^ M*W-E;^SY`73.&P0OX/JBCPA6LK)$S(X59K9EF(\8G2C,:&MG$S'ZI#"C;#]`1*Q[ M`,2V3/'KF4Y6:CPK1&IGDW8ZO>YL.F+,SEI)5V&5[L.\X)!JS3I]A!;`^[)` M3BK*(US^/%!6G^FK?J3M/>)%*S9-?0;X@O8+TD<.G=K#300:PQ##/V"HD]+@ M!(=^%DC!*WUV:+U8KM%F`VUI_R-$-AB5H1_^F2QR%TX"S4 M[T5:K439>E@4=89Z>T&)YM]5NQ^9)5NV#7"QZ1X9PO7C56'Y.)[[G^ M`UT<^T\0<\<,5[)NA'E5R9?5@0$2!@9P.]OFS1IPB`Q3CMPAA$^\`U5N"R9% M=$A'JI+>&=+Q-D2/ON=`_`7FS)PV!6K"(Z(=\DE38_*AXHDF_` M5#Q6I,CRJ7C@2(:?(V)TJCRCK'V9XE$Q.7MTQ<-B?'C-37[?D>.-CD@J/Q#(._'A!IO#8Y#NY8G(*=]@\_UA,3^7I<-LH M''-2>/CE&9;76UIEZ24\>S$?A=4'ST,84U-X'A<)[8QI*KS#*XC(B!F6F`7J MC%X6/!_N,,X6$G?/7?BSN8\@(O8=>80XKIP[.@7V@P"2C-B+XB)U86Z7Q\PM M4C'F`?OHR1TMPK&,G'N(G]PQM-LCF^U/\Z`+E]2AX#H4O.90\-R.6_\@HP/B M3T!G)7R'A]"=C18X"*W[>2@%RNB`8%:Y-P"!:5@U11J+*UDQPEM(1/IEMEC= M`;?\2#2^:-4816?3/5V6HNQ$;![R.]M%V7*V^/&*:*].)!T]KJ/'=?2X=*KE0$]C*DH8=1B.S`_E MGA($^;VMO6@R>]%J!/C6KO#64XKX3@N.7*WH_@T!MNPB;)%4_<@Z0L@ZVMVH MG3W:V2,-HM(J5CN@U'-`Q:D[#]`#5:V7C8X.*5@>II\MRRN5OR#[6"XIH;K( M7B-*;[9X*[>.'%]*%^M6U5S$.W5ZRZ(W\YM)<:-U519Y21I/V^2U35[;Y.NU MR6_O-$.NZR^G!I``UV-?%E6<$4&*;`+2>@WTYT\\S/KSIP_L7]*.&YT)0_Y, M&!_9BU,:V8?/NZ$_6=2?+.I/%G4&&"XTG0%&\(-4Z3+`)+8JM_"9'0OW&030 MN4.7`:&M2F#1MZF\4A_]0UJ5T:L,B=%^F6KCO87B)P)RYT[@F@ MW86#+TNR%H3D"@4+#)T!G/N!2Y_Z0B_03<0B>\$B4J@&W#KCE(Y:W"$BG7%* M9YPZF*A/LWO:_"1E6,B!A'T>9D#DX1T\HK\:UA%*.D))EN!JG7.J=#VL;#42 M=-?*LFC)&T;W]BQ:\I[!M(,L6O*>MK23+%KRGEGSUBQ:\AX9M8,L6O(>NO/> M+%IL%Z`JM<(T6BJG1BD\@J^C\)Q6^O"]CL(I(\6/W>LH/.N)'[A7)KN(;"R+ MN!U):C`J,0UFTE)XK5GB<+TCA7MF_JEZQPI/\X5)ZXX5GAP$DM8=*SSXQ.*_ MXCV?PD3S\X">JC\M%.;_+28785GL,%TF%V M%;:S9*7#9/8'I0GE)4:V%%;[6Q%XKY047FOQ0^5>V2FLZ87"[%Z)*JPE2Z1J MM6V%1Z!8KE9;XM/]RU#<^C#@E9V\(W*_!V"&UL550)``.0$>I/D!'J3W5X"P`!!"4.```$.0$``,V=6U/C.!J&[Z=J M_H,V>S-=18@/.1"JZ2D:Z!UJH=-%F)W>I;8H)Q;@;<=.R0X=_OU*LAQ\D&PY M<:1<3`\0Z9->^7DMZV#EX^_KA0]>(8J\,#CKF,=&!\!@'KI>\'S6^7/:/9]> M7%]W?O_TZR\?_];M@JO+?YS?@4G@>P$$U]U;&"-O#;[/H0^1$T-P[ZS#(%R\ M@1MG!OT(W'C!CYD3P2-`_G5!&(#OG^]N@'5L`O`2Q\O37N_GSY_'T'UV4#>D M<8_GX:('NMVTS'\EM3L%PV-S<#S(?'(7K@+W%)B9/UT@Z,0X-7!Q=4Z!99A6 MUQAV3?O>,DY-Z]08_R>;.ER^(>_Y)0:_S3_@Q,:@BW.8.9E'X#J8'X-SWP=W M)&D$[F`$T2MTCUDDGXD$N"V#Z*R3T;6>(?\X1,\]'-ONI0D[O_X"DL2GZ\C+ M9?AII\G-WO?;F^G\!2Z]^BG2>K(.XUHE)MP3IM& MHH)`F(+\UDV3=L?8I_"FY&^XR+^E&X&(VR*B"[27UD MN.E;X\%HR*"G@0&)##:A01H;T.#@@80'-/Y_U?IB3](M">D/-#I7[[ZMM`V[ MQ&6-6VO/!OSLH(L7!\7G@?L-HJ<0+4@/3>OQ!W3(`U3Y2Y9*Z2;*%F=IK_,/`C MK#$^&2;/U)8Q-"UJG>PGCQ?D9[,_[)NW<#&#J'#]JM.V;!4WG*](#TX?DIM4 M1`:@[GA\TN_;)X\V06@*D4\[>87H/(I@')5OP/59U'1YM?60 M[`>&ELD\D`8$)J`AWQ^O2%"01%7>X;6IDUHCKTU3KR8-'NO4Y%I!E5NLYFX1 M9E'L%E$]9)^:QB6W6`?IEA9T4K= M;$4>P/#3*.Z37[TY-*V9^056VT8ZIQKWR%9'%JZ!G9@H&Y>.LUAD8%I@AKLA M$EVKG?8@W"H)Q\.N7H@VVG_#X;N)]@^:W-847&:Z1JVUE?=VG0B_9&.B=%GE MTHEAX:H+DRF:%N>5+3O!;+/9\33&^_(1B:)^EGQ'+58S+2HFS:L`2N?.A:JU M(G\9+ARO.`_`2:`8\Z14:2B&!<`?DOR*!^L[":!4?T-AM(3S>*5E`"+FHLAP M1IU6>J^>GG!K>:^PYHZ=3Z>8Y5SATD2,"DAOHFB^:6^KQFJH1B7L7(R*S)>% M:T7_.J!SV+0G87\Z7WO%08-,#L5V$%1#%J6^43!&)AYX[P!(2(VW_]U%YOTB MUJ/2)S7,%1U3U0A:O?,-(B]TKP*WIMO(IU/LDUSATN`,"NY(H@`<1G._L:T< MJZD25`*NUBR1NJ%TS*YCY4RWFQ&8S3(H:UO0F;+RF>V M2^BEES\14U*ED=4[^$QF^)T@_NHL>(\6W&1*V<8Y\/LM6A:_6SF+IP_,9*7T>EUG4K+WR"Y?>],)6 M6ED4P,*`AS20^CWB.PNR.().-:V45B/$UD4K%"LE7+B/FY],!]_-]C#W!V,^ MWKIV9^\JAH>V[@W8E0QQ"=]^F_6.@']U$'F-XK7J;:':'#JP+U=#]GYHCO@. MV$34^T)0BS+YWMB$/`AWB`'D&D70'DH]\Y<7O]Q!%RZ69/J^[EV[!GEU^*BJ M0K*H&0)'D=C@/?@AO&ZW%_%\GQ75ZWWCKCG"7/_5MIA2)_X;.L@PZZXR2Z7# M74G1LGL=K2'?1R0*,$S-9FFL1N`;(M()ZU&VI:V3K0]V6 MQ<,6C+(3U.U#0+V)%DG4;:I/UQLT54")6;<5LEXWW-8RSF[XDO#`R).M>6#= MO/99E@]D)%TYA%8_=FXP:-8]6MYZ_#@8%>[0AS4\WDE7GO`#&0_+#H2UCH`K M7\'2]JKB]N_L#0>X1;)W">J8'JWCL7IE1S M]Q<5+WLG3`]G>(^C_Q7R%C0E)^"YKUX4HC>J2-.-O`XD=ONNE+QGUK_"6.;I MGI],#>7E:\M^+50I^Y7259-_X2PYYSA7 MI=3$/2M>]DYY,A)BSR+I9[ZY)`'R1U6:=*!?H$I$?K8!]@U^]KC.K_`G^7:$ MS^2[EB;!513CY[(8."20`VD=6; MI5VYG!.:CS9ZCYC@L$:P"B9R9S%K/($Y\P4@,MO.F'BE'9"CA0LC=_@@") MI=,$VXHJ\[]1%8I5J;4!EZRR`\I-L&_XTS7&^Q4*0MPC"=?.A"D5P2\H7O8^ MV6=SK.^+JFD@;8MJ+4BR^))T+ZW5496"7]4`JL&O>A@2I]4$?^/'A/%`B+_> M9Z`VE`E<<"CP"Y]\JK7OVP";<]JY0Z6V_Z3/^)K>&@U]WJ7WA M('Q=Q[P*J4B!+>M3!NGTQ4'PPG>BB+/7N"JE:G#SQ4LO#MDEA&D@0"-IV87< MCJID-[*4%*5X\WDJ@<[1K0QY>@I#U45)$J@&G)8J3<"XQ'7%>1F*8&ZJH'![ MUK5<*R"CQ.R[O#VC>N=%/X3CQ>R':A#-E"@]D\R.NR19M8T#MZNWE=9;]V"/ M0P%#LBA,`8XW801OPZ!T:';I8W5(;LJ4OKAF!DJ2&]#L6KCV7(_K9&^J!K+/LK"@#M.Z5E6J$,F#K64NA)8>! M2]Y8C;PG#[K3V,&/)(*+PDNID').\9)4V.-AEO-<()!$TH/Y;I*RH,MJ4@5] M!559[$4-H`3\^#J(5@BZEW`91AZ.^H;_$'OQBK]A42:32CM4UD3V`<#HYYQ! MOJR,!@7O44$FK":;M"4UYYAMM"JSCQ2;.2?5MY$"4]W!>(4"\6YW3AIUELD7 M+'VR:-8A20B=&]MW$K+AOY>$T#4W(D8E@S1'I3*"*^=)\DE4\]MPV=FVROCJ MG#K95D01W4.81^&R4B)X^SF5^0_#P)".3X;&@.!J&4/3HK!F/WFV19 MQBU_1HTV.#O#7NNZ^#>;B` M8/J'@ZM["MA)*O=7>X&;9\[V5%&?3L$F!'A(@BCN9-H39&UWF?;M7BGS$!O7 MM\2>.Z3W]2SNUZWQ4JCICHK%RM[(3;:Q);?$J.6;UW8345PGU;:3740(ZX6X M$E5`^Q+Z+D3D&!WA"X""=`H!+A4N?;:1E<$XB9(%TFTM&[0/9*FK%65BZ'6O?M535G!`*ZM@LH/F MU8*9$$/_R?U!+`P04````"`#,?=I`_!M8(2T*``";W0``'0`<`&-K,#`P,3`Y M.#8P-2TR,#$R,#8Q,E]P&UL550)``.0$>I/D!'J3W5X"P`!!"4.```$ M.0$``.U=77/B.!9]GZKY#U[F9;=J##8DZ0Z5S!2=I'=3FX0NR.ST[DN7L`5X MVTB49!+87[^2L0%CRQ8)&-K22W_@*_OX6+JZNCJ2KGZ?3WSC!1+J871=L^M6 MS8#(P:Z'1M>U/_IFIW]S?U_[_;>??[KZBVD:=[=_[_2,+O(]!(U[\Q$&Q)L; M7QWH0P(":#R#.49XLC"^$$@A"D#`[FL\>.C[`%#XJ\'_=`WVT]=/O0>C6;<- M8QP$TW:C\?KZ6H?N"!`3AW>O.WC2,$PS?O*_EAC;QD7=/J^?;USIX1ERVX:] M\=,-@7UM1KT_`N#]@)J9$`:`@M^/_,V,SD/YF,X99=GU.W]AM_X!7!/NS!H1%B M:`>+*;RN46\R]6$M^FU,X/"ZYGRWV%M:EQ\OEK0WK0N[R>_SRRUV9A-6A^*_ M`7+O4.`%BWLTQ&02OD7-X,_YHW>?>!WVE3R`_N>A%T@#3&A8E[AA0^J>C7V] M0<^CWWLPF!'TK<]LK-:'9M-ZA),!)+L"S[O5WO!VI[P5LZ9_-Y]"1"&]!0%X M-W3)N^[M+:+'W,T!+_5N^$6WVQ%W],RP/5'HU$?XI4$(:U:VQ?[F;V*95M-L M?MRJ0;(00& MPL=.XKD^]TR89-(5+/L5#]*E)YK1QHR:(P"FW"%=-A!&R_^YT./^Z-*T[,@? M_<)^^M9A:%R.Z+,/1O$3?#"`_G4M?;VQ$T1Q3=R\\NV&_]L^NSBSXWJ80)%O MNQNB/9$6?\6X-V4U"&9PEVEV5,"W>`(\E`,U,C@JR+OA$#J!]P(+:$W:'17R M1BN.?^K,/9H#7E3BJ*_Q!1(/,\?D%C"?M#LJY&?VI!RDX>6C`%RZ]QN&@0#_ MGG4;\W_"10;2;+LC0A;ZB,3E(P+LP9%'&5LH>`*3K(^?:784P`]P!/PE'($_ MV+9X$TS)F(F0;U\(IE/F-6>T/P8$WOB`T@QD>9:E(7P&`W_[\V88'!C/.EKL M#'AU9X:6!B0O)=\KC5KQHRR5\-3#@?\$.3(5=T576I'*DTE.RA%%9#15 M(R.WG46DM"I)BGC@D^(E8JW2#2:?CG1*JM(-1IZ,K92BPBU&G,"*2#E3FI14 MIC1BY5Q15K8FYB(V+A1E8RLK$K'Q45$VLN5+Y*IS48`EK;;99J=B>`.%M M_27/,Q26*!7QGUXP[D$73D(?7^35=BA;SEL4589R:\$.GW]?W[URD_?=P7^7 MD8WPTZ8LRD+TA7A\ZBKGXXI-R\+8APY&KB3*#.-#X]P.AF[`=*GD3H$461Y: MFK$.>&2:<[[YH;%B$@RQ[^%G%ASC%TB$;49H63;"/"K%MEHP=(*"(6%EV[Q8 M`@Z99BJPJX*LZAVH)"CJ MB\23]#$QBC:R/&U`3(VJX<[V9%K,AZ+N)F\R;YVC4I*:A!(CYD)15RM2@\2T M*!KCR2P!B"E2-$-3H/J+V2FEIRY[?8WD#JW5V!537D!R@R=3C!CA=C<80Q*3 MTV6!2H=2&&2H`XN+E(6YN3MF89$#8[[ERX2]P2ST!,CM0_+B.=!N#FR>Z?[XTB+ MDRLK\SE%<3)SD@-\RH1I>;*6)^>GEPI#&"4%A;*LB,/G2JO&9.F1SX]46DDF M2Y=$VJ[24JJ=>1*G"BLMKI+EJ8@=NYKB>%EZ\IBIIJY!EAF9E%NU542R3`FR M4['FH9JSMGI)F][N72_Y*Y,0O:R1ZS"5_92L=B@YSK8;$04]O#S0*""_ M4U=R6DJ*DNQPH]+;H;R5EU:5M[W0\_]Z_E_G_09 M8EJOY+N%`?!\OE;MP*=`G<0)2B>;;=8+ZD28]8(Z/2^AYR7TZ5\Y,(]]^I?* M\R@[(U/^K#&]"%8O@M6+8/6I=T)H^M0[R27.)W?J76*H\@1?^=:9GP"%;A?= MT8!]U0`6K786E5)]:?:/=)[@^N%=%`977?(`:9820V1Y:(3ZQ,,]*UJ6!\BG MD"6O:P60/G]1B.,!4_B($5QD(UE?+@'+:9\%^<3B#CZ6H-[0@VX_`*RZ"/!E M69:",+A'=$:@>PNGF'KLK@OV`QM$S+(#%IE")>#6IVQJW>`>$>E3-O4IFS^8 M%G0GN6,ECY'4PEDM8M,B-BUB*YT5+6+3(C8M8JN"B.T$-Z97:FW&#G0L\Y:5 M;C'O.)%5T=8B/)&UFEO([>%$UFIN%K>7$UFKN7W56T]DK>9N>7LXD;6:>W>] M]T16%I\H24OAD:RJ'N%6N,MK2]&89>?]75L57&NYHB%@X8'/YXIVX!('/I\KZFSD M]-=QSD91D@0K`>-TC=I==\X:Q)@@10=8N7LY?=!M*;V1TP=%QT\I=5VRI*14T=L2]&N>6MUQ(H.1>-_\1*(%3.*]L922R]6 M)"G:&\GLPQ1S9"OJ<0I6FZ[H470H(%[@NF*F%`^4N5G:58-#';!1/_O/_P%0 M2P,$%`````@`S'W:0#CR8?)W!```%A0``!D`'`!C:S`P,#$P.3@V,#4M,C`Q M,C`V,3(N>'-D550)``.0$>I/D!'J3W5X"P`!!"4.```$.0$``.U86V_;-A1^ M+]#_<*:G%HAN=IS5@ITB:YS.0+(,MC,$>PEHB7:(2*1&4HFSH/]]A[K$DF,[ M=C%@+=8GB^3YOG/CY1SW/BZ2&.ZI5$SPON4[G@64AR)B?-ZWKL;VR?C3<&A] M/'[[IO>3;WUQ7H3">OL&"ME@,94Q:R#,3(5INXPK37A(:Q"TZ&X+PBR;2->5O("4 M9OG=;M?-5VO2X9V'UGK=#T=>IP%"_QGA?S-^3Y464N59,N'UCOS6BD^1?H;6 MS>NXQ6)-6LJFI**A,Q?WKI2&V[.]EMWZ4)./*&L",N7BG&'OVIYOM_V:<*9L M_9A2]0)1+:S"-)%SJG\C"54I">F>_N/63RC79T(FIW1&LABC\%=&8C9C-+*` M:#PBTTS3AD#&ER+'AJ5'.!,S40YQPN0LD"*F$_0"S,?5:/BZ MM4;0/15A9LRL?@F/!EPS_3A$%3+)%5O`HKZUD^2S4959$9TQSG+S/7.4;*CP M]<\3'D%!!C4V>!H4,51?>NXJVZJB#.^32WZNO0"XMVXPK9ZM,_3L)'#%U-Z(ZD_QFC&?5:__<:GD7-)E26>1MF\#6=/E^ MJYDNP^065##.DH3(1WBZXC&9XEZ/OL"[,[;`2QWO1Y%0&/]*,)H!C*ED5,%D M\/Y'$C%4"EX4?B-B6NC-!@09(TIALR]IK0*ZDZ;*:J9(.2#IXFDG"5"O3V_W!- M5B7-B,X@KU8"\W;W+<5,-*QRCLC0X+?7.6XJ!>YUC=?3LE(J"5Z@FX55GOR5 M^)5650RWDL[Z5KV`LJOZX`:1#A8EE2@^?$;;IR4?&$)U`"2.+??;C4`SG7L$ M`(%K`G#Z3/>=^)\_?7NZCI@UKI\;IN_$Z]7COX?S"%WC_.\UPG4QZ+GUFA=' MS9JXAR$04@-?6ZEOZ*&@:-/.19@3;8&8D5WA;#-E8Q?9]IV%BDH3][%@&?'] M+*AP^UJPMN7:57<%,$H[NZO;T%1MTJJ+?P=P/SHU^)R0-$>[--9+0GM)N+M! MZQO)3?:L@^"OO83N%8J5CO1KH\`%+T;(MR$(9<^9VX+OB3F!_N'1H5^O1NH' M\^:E2'&K5,$.(I$0QH>:)N8MQK9UJK0D(;:J6F;FUC#_601XFS`137)HE,FR M:^0LQLO.'/!"5F4(9CHSJY^ER-*^5<`9TJ]W87U!U7#AI<@WYD+1*>WBR2;) M_]2AGEOL5_S\!U!+`0(>`Q0````(`,Q]VD!9GQV&KQL``-!]```9`!@````` M``$```"D@0````!C:S`P,#$P.3@V,#4M,C`Q,C`V,3(N>&UL550%``.0$>I/ M=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`S'W:0#WE`-$4`P``QP\``!T` M&````````0```*2!`AP``&-K,#`P,3`Y.#8P-2TR,#$R,#8Q,E]C86PN>&UL M550%``.0$>I/=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`S'W:0#TZ.>R^ M"@``R&UL550%``.0$>I/=7@+``$$)0X```0Y`0``4$L!`AX#%`````@` MS'W:0.D/>&'U#0``\:X``!T`&````````0```*2!@BH``&-K,#`P,3`Y.#8P M-2TR,#$R,#8Q,E]L86(N>&UL550%``.0$>I/=7@+``$$)0X```0Y`0``4$L! M`AX#%`````@`S'W:0/P;6"$M"@``F]T``!T`&````````0```*2!SC@``&-K M,#`P,3`Y.#8P-2TR,#$R,#8Q,E]P&UL550%``.0$>I/=7@+``$$)0X` M``0Y`0``4$L!`AX#%`````@`S'W:0#CR8?)W!```%A0``!D`&````````0`` M`*2!4D,``&-K,#`P,3`Y.#8P-2TR,#$R,#8Q,BYX`L` A`00E#@``!#D!``!02P4&``````8`!@!*`@``'$@````` ` end XML 16 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 3 44 1 true 3 0 false 2 false false R1.htm 0011 - Document - Document And Entity Information {Elements} Sheet http://www.Allianzinvestors.com/role/DocumentDocumentandEntityInformation Document And Entity Information false true R2.htm 0112 - Document - Risk/Return Summary {Unlabeled} (Fixed Income SHares: Series TE) Sheet http://www.Allianzinvestors.com/role/RiskReturn_S000037220Member Risk/Return Summary (Fixed Income SHares: Series TE) false false R5.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports ck0001098605-20120612.xml ck0001098605-20120612.xsd ck0001098605-20120612_cal.xml ck0001098605-20120612_def.xml ck0001098605-20120612_lab.xml ck0001098605-20120612_pre.xml true true