PIMCO California Municipal Bond Fund Class I-2 (PCTPX)
| Fund Assets | 563.86M |
| Expense Ratio | 0.54% |
| Min. Investment | $1,000,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.53% |
| Dividend Growth | 0.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.71 |
| YTD Return | 0.58% |
| 1-Year Return | 6.84% |
| 5-Year Return | 4.23% |
| 52-Week Low | 10.25 |
| 52-Week High | 10.87 |
| Beta (5Y) | n/a |
| Holdings | 306 |
| Inception Date | May 31, 2012 |
About PCTPX
PIMCO California Municipal Bond Fund Class I-2 is a municipal bond mutual fund managed by PIMCO, designed to provide investors with high current income that is exempt from both federal and California state income taxes. The fund primarily invests in a diversified portfolio of municipal debt securities issued by California state and local governments, as well as select non-California municipal issuers whose interest is generally tax-exempt. Holdings frequently include bonds from sectors such as transportation, education, public utilities, and water and wastewater projects within California. The fund employs a medium duration strategy and seeks to manage both interest rate sensitivity and credit quality, maintaining a moderate risk profile. This institutional share class is structured to serve large-scale investors seeking tax-advantaged income solutions, and it benchmarks its performance against the Barclays California Municipal Bond Index. With its focus on high-quality, tax-exempt income and disciplined active management, the fund plays a significant role for investors needing geographic and sector-specific fixed income exposure in tax-advantaged accounts.
Performance
PCTPX had a total return of 6.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.12%.
Top 10 Holdings
22.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Pimco Fds | n/a | 9.88% |
| Cash Offset | n/a | 3.76% |
| RFR USD SOFR/3.50000 09/17/25-30Y CME Receive | n/a | 1.40% |
| CALIFORNIA ST UNIV REV 5.25% | n/a | 1.28% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV 1.7% | CA.BAYTRN 04.01.2055 | 1.18% |
| SAN JOAQUIN VY CALIF CLEAN ENERGY AUTH CLEAN ENERGY PROJ REV 5.5% | CA.SSJUTL 01.01.2056 | 1.13% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 05.01.2054 | 1.05% |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% | CA.GLDGEN 5 06.01.2051 | 0.99% |
| CALIFORNIA ST ENTERPRISE DEV AUTH REV 5% | n/a | 0.97% |
| Offset: Cash | n/a | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02965 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03136 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0313 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03317 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02991 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03444 | Oct 31, 2025 |