When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Pimco California Municipal Income Fund II of Beneficial Interest
Main Thesis
The purpose of this article is to evaluate the BlackRock MuniHoldings California Quality Fund (MUC) as an investment option at its current market price. This is a fund I heavily recommended a few months ago, and it has performed well. Looking ahead, I believe MUC could push higher still. The income stream has risen in 2020, the market price is about 8% lower than the NAV, and continued Fed support for the muni sector is a tailwind. However, there are reasons to be cautious as well. Muni issuance has been on