PIMCO California Municipal Income Fund Stock News

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

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

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.

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

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.

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

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

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

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

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

TORONTO, March 23, 2022 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce that the Company will begin a drilling campaign, with an initial minim

TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to present the results of a high-resolution magnetic survey undertaken on its Vauqu

TORONTO, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce that the TSX Venture Exchange has accepted for filling the documentati

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.

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