FMP
PIMCO California Municipal Income Fund
PCQ
NYSE
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.
8.75 USD
0.03 (0.343%)
Historical Prices
From:
To:
About
ceo
Mr. David Hammer
sector
Financial Services
industry
Asset Management - Income
exchange
NYSE
Description
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.
CIK
0001140411
ISIN
US72200N1063
CUSIP
72200N106
Address
650 Newport Center Drive
Phone
949 720 6000
Country
US
Employee
N/A
IPO Date
Jun 27, 2001
Financial Statement
Earnings
PCQ Financial Summary
CIK
0001140411
Exchange
NYSE
Industry
Asset Management - I...
Sector
Financial Services
CUSIP
72200N106
ISIN
US72200N1063
Country
US
Price
8.75
Beta
0.38
Volume Avg.
78.93k
Market Cap
166.14M
Shares
-
52-Week
8.13-10.24
DCF
0.07
ROE
-
ROA
-
Operating Margin
-
Debt/Equity
-
P/E
-437.5
P/B
-
Website
https://www.pimco.com/en-us/investments/closed-end...
Upgrades and Downgrades
We are unable to load this data!
Financial Information
Financial Summary Real-Time Price
Financial Statements
Financial Quarter Statements
Ratios Analysis
Dupont Analysis
Free Cashflow
Operating Data
Balance Sheet Data
Financial Modelling
Discounted Cashflow Model
Discounted Cashflow Model Levered
Free Cashflow Build-Up
Terminal Value
Intrinsic Value
Weighted Average Cost of Capital
Market Information
Stock Value
Latest PCQ News
Seeking Alpha
Dec 28, 2023
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 has decreased, creating a favorable market dynamic for funds like PCQ. California's improving revenue and the expectation of a steepening yield curve in 2024 are positive factors for PCQ's performance.
Seeking Alpha
Jul 21, 2023
PCQ: Not Impressed By Recent Momentum, Cautious Outlook Rema...
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 cautious. California's budget and finances are more sensitive to economic trends, given its tax structure that relies heavily on high net worth individuals.
Seeking Alpha
Jan 20, 2023
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.
Seeking Alpha
Jan 18, 2023
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.
Seeking Alpha
Jan 17, 2023
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.
Seeking Alpha
Jan 10, 2023
Weekly Closed-End Fund Roundup: PIMCO Muni CEF Distribution ...
3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.
Seeking Alpha
Jan 10, 2023
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 distribution, to see what carryover lessons this carries for CEF investing.
Seeking Alpha
Dec 20, 2022
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 premium to NAV the fund trades at is astronomical and could set investors up for heavy losses.
