PIMCO California Municipal Income Fund II (PCK)
| Market Value | 189.22M |
| Revenue (ttm) | -641,000 |
| Net Income (ttm) | -23.97M |
| Shares Out | 32.26M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.26 (4.50%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 146,200 |
| Open | 5.86 |
| Previous Close | 5.87 |
| Day's Range | 5.85 - 5.88 |
| 52-Week Range | 5.51 - 6.34 |
| Beta | 0.55 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PCK
PIMCO California Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal fixed-income securities. Its portfolio of investments include investments in California municipal bonds and notes, other municipal bonds and notes, call... [Read more]
News
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
PIMCO Update | Sept 2024 | Muni Coverage Jumps (Maybe), Taxables See Significant ATM Benefit
The best taxable closed-end funds are PHK, PFN, and at slightly cheaper valuations, PDI and PCN; best munis are PMF, NY funds, and PCK in CA. Distributions are safe due to funds monetizing premiums vi...
Pimco Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution f...
The Month In Closed-End Funds: November 2023
For the first month in four, both equity (+6.05% on a NAV basis) and fixed income (+5.81%) CEFs on average posted handsome plus-side returns. At month end, 9% of all CEFs traded at a premium to their ...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution f...
PCK: The Discount To NAV Is Not Enough To Remain Bullish (Rating Downgrade)
PIMCO California Municipal Income Fund II has struggled throughout 2023 despite a widened discount to NAV. The fund's inability to attract buyers at its discounted price is a cause for concern. Income...
Certain PIMCO Closed-End Funds Announce Tender Offers for Auction Rate Preferred Shares
NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income ...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 03, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
PCK: Pay Attention To Duration, Tech And The Debt Ceiling
PIMCO California Municipal Income Fund II has high duration, which works on a rate pivot, but it's quite aggressive in that regard. Furthermore, as far as financing conditions for municipalities go, t...
The Month In Closed-End Funds: March 2023
For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end,...
PCK: A Great Reminder That 'Premiums Matter'
The PIMCO muni CEFs have been taking a bath this week on the backdrop of distribution cuts. This news hasn't been positive for any of the impacted funds. However, it is a stunning example of how "prem...
The Month In Closed-End Funds: November 2022
For the second month in a row, equity CEFs (+5.16% on a NAV basis) on average witnessed plus-side returns. While their fixed income CEF cohorts (+4.53%) posted gains for the first month in four.
PCK: Large, Short-Term Return Tells Me To Be Cautious
I placed a buy rating on PCK back in June. While I expected to see gains, the performance surpassed my bullish expectations. Broadly speaking, munis have a positive backdrop. But with a rising interes...
PCK: Trades At Discount To NAV, Rising Inflation Can Cause Pain
PCK trades at a nice discount to NAV and the fund is markedly cheaper than its sister funds from PIMCO. California munis seem well supported at these levels. Tax revenues are up and state finances sug...
The Month In Closed-End Funds: November 2021
For the second month in three, equity CEFs on average witnessed negative returns, falling 2.61% on a NAV basis for November.
CEF Weekly Commentary | June 20, 2021
The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks ...
PIMCO Muni CEF Valuations Face Additional Risks
The disparity among PIMCO tax-exempt muni CEFs remains large. Apart from lower income yields, greater susceptibility to distribution cuts and larger drawdown potential, the ongoing consolidation wave ...
PIMCO CEF Suite Update: December 2020
The taxable PIMCO CEFs are still trading below 100% coverage thanks to the falling dollar. That could improve in January as the dollar has rebounded some. In this space, we continue to like RCS and PH...