PIMCO California Municipal Income Fund III (PZC)

NYSE: PZC · Real-Time Price · USD
6.75
-0.03 (-0.44%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.44%
Market Value 152.13M
Revenue (ttm) 12.81M
Net Income (ttm) 11.54M
Shares Out 22.54M
EPS (ttm) 0.51
PE Ratio 13.15
Forward PE n/a
Dividend $0.35 (5.24%)
Ex-Dividend Date Dec 12, 2024
Volume 116,109
Open 6.80
Previous Close 6.78
Day's Range 6.75 - 6.82
52-Week Range 6.75 - 7.90
Beta 0.60
Analysts n/a
Price Target n/a
Earnings Date n/a

About PZC

PIMCO California Municipal Income Fund III 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. It seeks to invest in stocks of companies operating across diversified sectors. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other v... [Read more]

Sector Financials
Founded 2002
Country United States
Stock Exchange NYSE
Ticker Symbol PZC
Full Company Profile

News

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Dec. 02, 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: PAXSPCKPCMPCNPCQPDIPDO
19 days ago - GlobeNewsWire

PZC: I Still Wouldn't Choose This Fund For Muni Exposure

PZC has seen a modest loss since my last review, and I'm not too optimistic about its future prospects either. The fund's discount to NAV could look compelling, but it is actually narrow compared to s...

4 months ago - Seeking Alpha

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: PAXSPCKPCMPCNPCQPDIPDO
10 months ago - GlobeNewsWire

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: PAXSPCKPCMPCNPCQPDIPDO
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: PCKPCNPCQPFLPFNPHKPMF
1 year ago - GlobeNewsWire

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: PAXSPCKPCMPCNPCQPDIPDO
1 year ago - GlobeNewsWire

PZC: I Would Expect Modest Gains For This California Muni Fund

PZC is similar to other PIMCO muni CEFs in that it has had a volatile few months. This comes on the backdrop of higher interest rates and a distribution cut. With this backdrop, I believe the worst of...

2 years 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: PAXSPCKPCQPMFPMLPTYPYN
2 years 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: PCKPCQPMFPMLPMXPNFPNI
2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: Special Distributions Coming Up (December 4, 2022)

22 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. All sectors were positive last week.

Other symbols: ACPACVAGDASGIECCEDFETV
2 years ago - Seeking Alpha

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

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: EDFHTDNCVNCZPCKPCQPDT
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: PCKPCQPMFPMLPMXPNFPNI
3 years ago - Seeking Alpha

CEF Report January 2020 | PIMCO Chops Its Muni CEFs Again, And It's Not Done Yet

CEF Report January 2020 | PIMCO Chops Its Muni CEFs Again, And It's Not Done Yet

Other symbols: BTZPCFPCKPMFPMLPMXPNF
5 years ago - Seeking Alpha