The Board of Trustees/Directors of the PIMCO closed-end funds has declared a special year-end distribution PIMCO Dynamic Credit Income Fund of $0.35 per share. The distributions are payable on December 21, 2018 to shareholders of record on December 17, 2018, with an ex-dividend date of December 14, 2018. In addition to the regular monthly dividend, this special year-end distribution is being paid to allow the Funds to meet their 2018 distribution requirements for federal excise tax purposes.