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PIMCO Corporate & Income Strategy Fund
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(Name of Issuer)
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Auction Rate Preferred Shares
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(Title of Class of Securities)
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72200U209, 72200U308, 72200U506, 72200U605
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(CUSIP Number)
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December 31, 2018
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(Date of Event Which Requires Filing of this Statement)
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CUSIP No.
(See Item 2(e))
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13G
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Page 2 of 6
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1.
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NAME OF REPORTING PERSON
RIVERNORTH CAPITAL MANAGEMENT, LLC
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☐
(b) ☐
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE |
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
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5.
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SOLE VOTING POWER
323 |
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6.
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SHARED VOTING POWER
0 |
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7.
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SOLE DISPOSITIVE POWER
323 |
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8.
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SHARED DISPOSITIVE POWER
0 |
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
323 |
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.48% |
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12.
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TYPE OF REPORTING PERSON
IA |
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CUSIP No.
(See Item 2(e))
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13G
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Page 3 of 6
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1.
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NAME OF REPORTING PERSON
RIVERNORTH INSTITUTIONAL PARTNERS, LP
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☐
(b) ☐
|
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3.
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SEC USE ONLY
|
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE |
|||
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
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5.
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SOLE VOTING POWER
241 |
||
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6.
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SHARED VOTING POWER
0 |
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7.
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SOLE DISPOSITIVE POWER
241 |
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8.
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SHARED DISPOSITIVE POWER
0 |
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
241 |
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
|
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
13.79% |
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12.
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TYPE OF REPORTING PERSON
IV |
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CUSIP No.
(See Item 2(e))
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13G
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Page 4 of 6
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Item 1(a).
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Name of Issuer:
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PIMCO Corporate & Income Strategy Fund
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Item 1(b).
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Address of Issuer’s Principal Executive Offices:
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1633 Broadway
New York, NY 10019 |
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Item 2(a).
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Name of Person Filing:
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RiverNorth Capital Management, LLC
RiverNorth Institutional Partners, LP
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Item 2(b).
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Address of Principal Business Office or, if none, Residence:
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325 N. LaSalle Street
Suite 645 Chicago, IL 60654-7030 |
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Item 2(c).
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Citizenship:
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Delaware
Delaware |
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Item 2(d).
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Title of Class of Securities:
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Auction Rate Preferred Shares
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Item 2(e).
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CUSIP Number:
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72200U209, 72200U308, 72200U506, 72200U605
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Item 3.
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If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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(a)
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☐ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
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(b)
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☐ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
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(c)
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☐ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
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(d)
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☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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(e)
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☒ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
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(f)
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☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
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(g)
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☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
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(h)
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☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15
U.S.C. 80a-3);
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CUSIP No.
(See Item 2(e))
|
13G
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Page 5 of 6
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(j)
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☐ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
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(k)
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☐ Group, in accordance with §240.13d-1(b)(1)(ii)(K).
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If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:
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Item 4.
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Ownership.
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Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
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(a)
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Amount beneficially owned: 323
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(b)
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Percent of class: 18.48%
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(c)
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Number of shares as to which such person has:
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(i) Sole power to vote or direct the vote: 323
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(ii) Shared power to vote or direct the vote: 0
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(iii) Sole power to dispose or to direct the disposition of: 323
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(iv) Shared power to dispose or to direct the disposition of: 0
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Item 5.
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Ownership of Five Percent or Less of a Class.
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Not applicable.
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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Other persons have the right to receive the proceeds from the sale of the securities reported herein.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding
Company or Control Person.
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Not applicable.
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Item 8.
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Identification and Classification of Members of the Group.
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Not applicable.
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Item 9.
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Notice of Dissolution of Group.
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Not applicable.
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Item 10.
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Certification.
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or effect.
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CUSIP No.
(See Item 2(e))
|
13G
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Page 6 of 6
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February 14, 2019
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Date
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/s/Marcus Collins
|
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Signature
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Marcus Collins, Chief Compliance Officer and
General Counsel
|
|
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Name and Title
|