PCQ

Pimco California Municipal Income Fund

PCQ

Market cap $166M

Overview Fund Activity

8.77 USD

-0.01

0.11%

At close Updated Sep 17, 4:00 PM EDT

1 day

-0.11%

5 days

1.86%

1 month

6.69%

3 months

4.28%

6 months

-1.46%

Year to date

-4.26%

1 year

-11.95%

5 years

-51.3%

10 years

-41.42%

About: PIMCO California Municipal Income Fund is a closed-end management investment company. It seeks to provide current income exempt from federal and California income tax. The fund makes investments in different sectors such as healthcare, property, education, Natural Gas, and others.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

4% more funds holding

Funds holding: 48 [Q1] → 50 (+2) [Q2]

1.82% more ownership

Funds ownership: 22.34% [Q1] → 24.15% (+1.82%) [Q2]

5% more capital invested

Capital invested by funds: $37.6M [Q1] → $39.4M (+$1.85M) [Q2]

See Fund Rankings

Financial journalist opinion

PCQ: My Worst Call Of 2025 Re-Visited

PIMCO California Municipal Income Fund invests in California municipal bonds, aiming for tax-exempt income and minimal AMT exposure. The California muni sector has proven resilient despite natural disasters and ongoing wildfires. The fund has a double-digit discount to NAV and strong coverage ratio metrics. These support a buy rating.

PCQ: My Worst Call Of 2025 Re-Visited

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Sept. 02, 2025 (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 for each Fund's common shares as summarized below.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PCQ: A High But Oddly Funded Distribution

PCQ is a closed-end fund investing in California municipal bonds, offering tax-free income for high-income CA residents, but trading at a discount to NAV. A significant portion of PCQ's distribution is funded by paid-in surplus, effectively returning capital to investors rather than providing true income. Despite falling interest rates, PCQ's capital value has declined, which is counterintuitive for a long-duration bond fund and raises concerns about its structure.

PCQ: A High But Oddly Funded Distribution

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Aug. 01, 2025 (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 for each Fund's common shares as summarized below.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, July 01, 2025 (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 for each Fund's common shares as summarized below.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Announce Shareholder Approval of Issuance of Common Shares in Proposed Reorganizations

NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- At a joint special meeting earlier today, common shareholders of each of PIMCO Municipal Income Fund II (NYSE: PML), PIMCO New York Municipal Income Fund II (NYSE: PNI) and PIMCO California Municipal Income Fund (NYSE: PCQ) (each, an “Acquiring Fund”) approved the issuance of additional common shares in connection with each of the below reorganizations, as applicable (each, a “Merger” and collectively, the “Mergers”):

PIMCO Closed-End Funds Announce Shareholder Approval of Issuance of Common Shares in Proposed Reorganizations

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, June 02, 2025 (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 for each Fund's common shares as summarized below. The distributions are payable on July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, May 01, 2025 (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 for each Fund's common shares as summarized below. The distributions are payable on June 2, 2025 to shareholders of record on May 12, 2025, with an ex-dividend date of May 12, 2025.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Announce Proposed Reorganizations

NEW YORK, April 04, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of each of the following funds has approved the following proposals to reorganize the PIMCO closed-end municipal funds (each, a “Merger” and collectively, the “Mergers”), subject to the various shareholder approvals and other contingencies described below:

PIMCO Closed-End Funds Announce Proposed Reorganizations

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, April 01, 2025 (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 for each Fund's common shares as summarized below. The distributions are payable on May 1, 2025, to shareholders of record on April 11, 2025, with an ex-dividend date of April 11, 2025.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

See News Rankings

Charts implemented using Lightweight Charts™