Pimco California Municipal Income Fund

PIMCO California Municipal Income Fund is a non-diversified and closed-end management investment company which seeks to provide income exempt from federal and California income tax. It invests in investment grade fixed income municipal bonds. The company was founded on June 29, 2001 and is headquartered in New York, NY.

PIMCO California Municipal Income Fund is a non-diversified and closed-end management investment company which seeks to provide income exempt from federal and California income tax. It invests in investment grade fixed income municipal bonds. The company was founded on June 28, 2002 and is headquartered in New York, NY.

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It seems that again the UNII report was affected by the fall in the US dollar which further reduced coverage ratios.

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We think too much is being made of the lower coverage in the UNII report and that those ratios tend to ebb and flow over time.

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News for Pimco California Municipal Income Fund ETF (PCQ)