PIMCO California Municipal Income Fund (PCQ)

NYSE: PCQ · Real-Time Price · USD
9.83
+0.08 (0.82%)
Nov 8, 2024, 4:00 PM EST - Market closed
0.82%
Market Value 186.64M
Revenue (ttm) 14.62M
Net Income (ttm) 6.04M
Shares Out 18.99M
EPS (ttm) 0.32
PE Ratio 30.89
Forward PE n/a
Dividend $0.43 (4.40%)
Ex-Dividend Date Nov 12, 2024
Volume 36,647
Open 9.77
Previous Close 9.75
Day's Range 9.77 - 9.86
52-Week Range 8.75 - 10.24
Beta 0.45
Analysts n/a
Price Target n/a
Earnings Date n/a

About PCQ

PIMCO California Municipal Income Fund 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 the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York. [Read more]

Sector Financials
Founded 2001
Country United States
Stock Exchange NYSE
Ticker Symbol PCQ
Full Company Profile

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...

Other symbols: PAXSPCKPCMPCNPDIPDOPDX
8 days ago - GlobeNewsWire

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...

Other symbols: PAXSPCKPCMPCNPDIPDOPFL
9 months ago - GlobeNewsWire

PCQ: One Year Later, A Vastly Different Story Can Be Told

PIMCO California Municipal Income Fund previously traded at a high premium but now has a double-digit discount to NAV, making it a more attractive investment option. The supply of new municipal bonds ...

11 months ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCMPCNPDIPDOPFL
1 year ago - GlobeNewsWire

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 ...

Other symbols: PCKPCNPFLPFNPHKPMFPML
1 year ago - GlobeNewsWire

PCQ: Not Impressed By Recent Momentum, Cautious Outlook Remains

This article evaluates the PIMCO California Municipal Income Fund as a potential investment option at its current market price. Despite recent gains in PCQ, the prudent course here is to remain cautio...

1 year ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCMPCNPDIPDOPFL
1 year ago - GlobeNewsWire

PCQ: The Time To Sell Has Passed

As 2022 was coming to a close, PCQ was one of the few tickers I cover that I placed an outright "sell" on. Since then, it has dropped near 30%. This has come at a time when munis have generally recove...

1 year ago - Seeking Alpha

PIMCO Muni CEFs (Finally) Re-Rate For The New Environment

PIMCO finally did it. They chopped the muni CEF distribution by up to 45%. PCQ was the biggest risk as it was trading at a ridiculous 45% premium to NAV going into the cut.

Other symbols: PAXSPCKPMFPMLPTYPYNPZC
1 year ago - Seeking Alpha

PIMCO California Muni CEFs Teach A Lesson On Valuation

PIMCO California muni funds teach a lesson on CEF valuation. The most expensive fund declined by the most after the cut.

Other symbols: PCKPMFPMLPMXPNFPNIPYN
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: January 8, 2023

21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.

Other symbols: ACPAGDASGIBSTBUIDSLEDF
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: PIMCO Muni CEF Distribution Cuts (January 1, 2023)

3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

Other symbols: ACPAGDASGIBDJCHYETVGCV
1 year ago - Seeking Alpha

PCQ: A Lesson In Managing Distribution Stability Risk

PIMCO greeted the start of the year with massive distribution cuts across their Muni closed-end fund suite. We take another look at PIMCO California Municipal Income Fund, which nearly halved its dist...

1 year ago - Seeking Alpha

PCQ: It Looks Like A Sell To Me

Municipal bonds from the state of California generally pique my interest for a number of reasons. Simply, I am bullish on the sector in 2023. Even with that backdrop, PCQ does not entice me. The premi...

2 years ago - Seeking Alpha

PIMCO Closed-End Funds Declare Special Year-End Distribution

NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a special year-end distribution for...

Other symbols: PAXSPCNPDIPDOPTY
2 years ago - GlobeNewsWire

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Other symbols: ACPAGDASGIBMECLMCRFEOI
2 years ago - Seeking Alpha

PCQ: 2 Years Later And This Fund Remains Grossly Overpriced

PCQ remains one of the most expensive PIMCO offerings within the CEF family. As has been the case for a while, this is hard to justify. PCQ's sister funds have much smaller premiums to NAV, so one wou...

2 years ago - Seeking Alpha

NKX Vs. PCQ: Comparing CA-Only Muni CEFs

Nuveen California AMT-Free Quality Municipal Income Fund (NKX) also helps California tax payers avoid the perils of the Alternative Minimum Tax swamp. PIMCO California Municipal Income Fund (PCQ) is p...

Other symbols: NKX
2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: December 26, 2021

20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.

Other symbols: ACVBANXBRWCHNDSUFCOGF
3 years ago - Seeking Alpha

CEF Weekly Market Review: Revisiting Resilient Core Themes

We review CEF market valuation and performance through the second week of December and highlight recent market action.

3 years ago - Seeking Alpha

Relative Value CEF Opportunities: More Alpha In A Less Beta Environment

Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs.

Other symbols: EDFHTDNCVNCZPCKPDTPZC
3 years ago - Seeking Alpha

PIMCO May Update - The Bottom Falls Out

Not much has changed in the last month since our April update except that coverage ratios plummeted during the month. A lot of that is due to currency moves. The dollar fell significantly against the ...

Other symbols: PDIPMFPMLPMX
3 years ago - Seeking Alpha

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 ...

Other symbols: PCKPMFPMLPMXPNFPNIPYN
3 years ago - Seeking Alpha

PIMCO Update: Starting To Get Nervous And Taking Action

The most recent UNII report showed continued deterioration in the coverage ratios and UNII values of the taxable funds.

Other symbols: PCMPDIPGPPML
3 years ago - Seeking Alpha

PIMCO Closed-End Fund Update: Most Compelling Valuation Look In Some Time

Coverage rebounded in September as the dollar rallied off the interim lows. We take a hard look at what the dollar is doing so far in October to forecast ratios. The PIMCO muni funds look fundamentall...

Other symbols: PCMPCNPDIPGPPHKPMLPTY
4 years ago - Seeking Alpha