PIMCO California Municipal Income Fund (PCQ)
PIMCO California Municipal Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $8.85, down 0.11% on the session, giving a market capitalisation of $496.8M. On trailing twelve-month figures it carries a trailing P/E of 15.00, a net margin of 138.0%. Its beta of 0.40 implies it has historically moved less than the broad market.
The PIMCO California Municipal Income Fund, structured as a closed-end mutual fund primarily focused on fixed-income investments, operates under the management of Allianz Global Investors Fund Management LLC. Pacific Investment Management Company LLC also shares in the fund's co-management duties. Its investment strategy targets fixed-income securities within the United States market. Although its portfolio largely comprises municipal bonds, it also aims to invest in the equity of companies spanning diverse sectors. This fund commenced operations on June 29, 2001, and is based in New York.
PIMCO California Municipal Income Fund is most often compared with the following Financial Services names: