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.
PCK - PCK: Great Short-Term Profit Now Exercise Caution
Pimco California Municipal Income Fund II of Beneficial Interest
Main Thesis
The purpose of this article is to evaluate the PIMCO California Municipal Income Fund II (PCK) as an investment option at its current market price. PCK has been a fund I have highly recommended for most of 2019, and investors who own the fund have been richly rewarded. Aside from delivering tax-free income, PCK is up almost 30% since my bullish report in January, as the fund has benefited from strong investor interest. With high-tax states like California feeling the brunt of the SALT deduction limit, California muni debt has seen