PIMCO California Municipal Income F... (PCK)
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Latest PCK news
PCK: Trades At Discount To NAV, Rising Inflation Can Cause Pain
22 June 2022
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
7 December 2021
For the second month in three, equity CEFs on average witnessed negative returns, falling 2.61% on a NAV basis for November.
Relative Value CEF Opportunities: More Alpha In A Less Beta Environment
28 October 2021
Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs.
PIMCO Muni CEF Valuations Face Additional Risks
12 June 2021
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 Monthly Update August 2020: Coverage Scares Investors, Providing An Opportunity
2 September 2020
The coverage ratios of the PIMCO funds fell again - but are not due to a decline in true NII production.
PCQ Still Looks Overpriced To Me (NYSE:PCQ)
3 August 2020
PCQ has performed poorly in 2020, which justifies my outlook earlier this year, when I suggested avoiding this fund.
Fed Reinforces Commitment To Ongoing Monetary Policy Support
31 July 2020
Given the recent loss of economic momentum, it's also possible that the Fed adjusts its purchases of U.S.
I Still Favor MUC Over The PIMCO Rivals
23 July 2020
Muni bonds have been performing very strongly, and MUC has registered a double-digit gain since my last recommendation.
Tower Research Capital LLC TRC Invests $61,000 in PIMCO New York Municipal Income Fund III (NYSE:PNI...
2 July 2020
Tower Research Capital LLC TRC bought a new stake in PIMCO New York Municipal Income Fund III (NYSE:PNI) during the first quarter, according to the company in its most recent disclosure with the Secur...