PIMCO California Municipal Bond Fund Class A (PCTTX)
| Fund Assets | 567.70M |
| Expense Ratio | 0.79% |
| Min. Investment | $1,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.15% |
| Dividend Growth | -1.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.73 |
| YTD Return | 0.64% |
| 1-Year Return | 4.34% |
| 5-Year Return | 4.88% |
| 52-Week Low | 10.17 |
| 52-Week High | 10.87 |
| Beta (5Y) | n/a |
| Holdings | 306 |
| Inception Date | May 31, 2012 |
About PCTTX
PIMCO California Municipal Bond Fund Class A is a municipal bond mutual fund designed to provide investors with high current income that is exempt from both federal and California state income taxes. The fund primarily invests at least 80% of its assets in municipal debt securities issued by entities within California, focusing on debt that receives favorable tax treatment from both federal and state governments. This makes it particularly attractive to California residents seeking to manage their tax liabilities while gaining exposure to the municipal bond market. The fund targets long-duration portfolios, typically comprising securities with durations greater than six years or maturities beyond twelve years, aligning its profile with investors who can tolerate interest rate fluctuations over a longer horizon. By concentrating on California issuers, the fund supports the state’s infrastructure, education, and public services sectors, furthering the development of local economies. Managed by a team of professionals at PIMCO, the strategy emphasizes credit research and diversification among various municipal issuers, contributing to its role as a tax-efficient income solution for residents in higher tax brackets.
Performance
PCTTX had a total return of 4.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCITX | Vanguard | Vanguard California Long-Term Tax-Exempt Fund Investor Shares | 0.14% |
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% | CA.CASHGR 5.25 11.01.2050 | 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% | CA.CASDEV 5 06.01.2049 | 0.97% |
| Offset: Cash | n/a | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02928 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02902 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03083 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02785 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03202 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02904 | Sep 30, 2025 |