At a special stockholders' meeting of three PIMCO funds last month, Salomon Brothers Asset Management assumed all management of the Emerging Markets Floating Rate Fund, Global Partners Fund and Municipal Partners Fund II.

Following the agreement, the three funds announced the resignation of Stephen J. Treadway, managing director and CEO of PIMCO Advisors, as co-chairman of the funds' boards and the appointment of former co-chairman R. Jay Gerken as chairman.

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