EX-99.16(B) 2 d875655dex9916b.htm EX-99.16(B) EX-99.16(b)

POWER OF ATTORNEY

I, the undersigned President and Principal Executive Officer of the registered investment companies listed on Schedule A attached hereto (each, a “Fund”), hereby severally constitute and appoint each of Ryan G. Leshaw, Timothy A. Bekkers, Jaime C. Dinan, Sonia Bui, David C. Sullivan and Adam T. Teufel, and each of them singly, with full powers of substitution and resubstitution, my true and lawful attorney, with full power to them to sign for me, and in my name and in the capacity indicated below, any Registration Statement of any Fund on Form N-1A, Form N-2 or Form N-14, all Pre-Effective Amendments to any such Registration Statement of such Fund, any and all subsequent Post-Effective Amendments to such Registration Statement, including, without limitation, pursuant to Rule 462(d) under the Securities Act of 1933, as amended (the “1933 Act”), any and all supplements, proxy materials or other instruments in connection therewith, and any subsequent Registration Statements for the same offering which may be filed under Rule 462(b) under the 1933 Act, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, the securities regulators of the appropriate states and territories and any other regulatory authority having jurisdiction over the issuance of rights and the offer and sale of shares of beneficial interest of the Fund, any and all agreements, filings, documents, registrations, notices, and other instruments required or permitted to be filed pursuant to the 1933 Act, the Securities Exchange Act of 1934, as amended, the Investment Company Act of 1940, as amended (the “1940 Act”), the Investment Advisers Act of 1940, as amended, the Commodities Exchange Act, as amended, the Federal Securities Laws (as that term is defined in Rule 38a-1 under the 1940 Act), and the rules thereunder, and/or any rules or regulations passed or adopted by the New York Stock Exchange or any other exchange on which a Fund’s shares trade (an “Exchange”), the National Futures Association (“NFA”), the Financial Industry Regulatory Authority (“FINRA”), and/or any other self-regulatory organization (each, an “SRO”) to whose authority a Fund is subject, and any and all agreements, filings, documents, registrations, notices, and other instruments required or permitted to be filed to comply with the statutes, rules, regulations or law of any state or jurisdiction, including those required to qualify to do business or to engage in a reorganization, merger or liquidation in any such state or jurisdiction (collectively, the “Securities and Commodities Laws”), and to file the same, with all exhibits thereto, and other agreements, documents and other instruments in connection therewith, with the appropriate regulatory body including, but not limited to, the Securities and Exchange Commission, the Commodity Futures Trading Commission, an Exchange, the NFA, FINRA, and any SRO, and/or the securities regulators or other agency or regulatory body of the appropriate states and territories, and generally to do all such things in my name and on my behalf in connection therewith as such attorney deems necessary or appropriate to comply with the Securities and Commodities Laws and all related requirements, granting unto such attorney full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection therewith, as fully to all intents and purposes as I might or could do in person, hereby ratifying and confirming all that such attorney lawfully could do or cause to be done by virtue hereof. This Power of Attorney may be executed in written form, by facsimile or by other means using electronic or digital technology, whether it is a computer-generated signature, an electronic copy of the party’s true ink signature or otherwise. This Power of Attorney is governed by Massachusetts state law with respect to each respective Fund that is organized as a Massachusetts business trust and by Maryland state law with respect to each respective Fund that is organized as a Maryland corporation.


Name    Capacity    Date

/s/ Joshua D. Ratner

   President (Principal Executive Officer)    May 12, 2025

Joshua D. Ratner

     


SCHEDULE A

FUND NAME AND SYMBOL1

 

1.   

PCM FUND, INC.

  

 PCM

2.   

PIMCO ACCESS INCOME FUND

  

 PAXS

3.   

PIMCO CALIFORNIA FLEXIBLE MUNICIPAL INCOME FUND

  

 CAFLX

4.   

PIMCO CALIFORNIA MUNICIPAL INCOME FUND

  

 PCQ

5.   

PIMCO CALIFORNIA MUNICIPAL INCOME FUND II

  

 PCK

6.   

PIMCO CALIFORNIA MUNICIPAL INCOME FUND III

  

 PZC

7.   

PIMCO CORPORATE & INCOME STRATEGY FUND

  

 PCN

8.   

PIMCO CORPORATE & INCOME OPPORTUNITY FUND

  

 PTY

9.   

PIMCO DYNAMIC INCOME FUND

  

 PDI

10.   

PIMCO DYNAMIC INCOME OPPORTUNITIES FUND

  

 PDO

11.   

PIMCO DYNAMIC INCOME STRATEGY FUND

  

 PDX

12.   

PIMCO FLEXIBLE EMERGING MARKETS INCOME FUND

  

 EMFLX

13.   

PIMCO FLEXIBLE CREDIT INCOME FUND

  

 PFLEX

14.   

PIMCO FLEXIBLE MUNICIPAL INCOME FUND

  

 PMFLX

15.   

PIMCO GLOBAL STOCKSPLUS & INCOME FUND

  

 PGP

16.   

PIMCO HIGH INCOME FUND

  

 PHK

17.   

PIMCO INCOME STRATEGY FUND

  

 PFL

18.   

PIMCO INCOME STRATEGY FUND II

  

 PFN

19.   

PIMCO MUNICIPAL INCOME FUND

  

 PMF

20.   

PIMCO MUNICIPAL INCOME FUND II

  

 PML

21.   

PIMCO MUNICIPAL INCOME FUND III

  

 PMX

22.   

PIMCO MUNICIPAL CREDIT INCOME FUND**

  

 PMC

23.   

PIMCO NEW YORK MUNICIPAL INCOME FUND

  

 PNF

24.   

PIMCO NEW YORK MUNICIPAL INCOME FUND II

  

 PNI

25.   

PIMCO NEW YORK MUNICIPAL INCOME FUND III

  

 PYN

26.   

PIMCO STRATEGIC INCOME FUND, INC.

  

 RCS

27.   

PIMCO MANAGED ACCOUNTS TRUST

  
  

Fixed Income Shares: Series M

  

FXIMX

  

Fixed Income Shares: Series C

  

FXICX

  

Fixed Income Shares: Series R

  

FXIRX

  

Fixed Income Shares: Series TE

  

FXIEX

  

Fixed Income Shares: Series LD

  

FXIDX

1 While one ticker symbol per Fund is listed, this Power of Attorney covers all ticker symbols of each Fund.