BFZ News and Press, BlackRock California Municipal Income Trust From 06/01/18

Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. * In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, as amended, each of the Funds noted above posted to the DTC bulletin board and s...

California's gross domestic product grew 3.4% in 2017, surpassing $2.7T, boosted by a thriving Silicon Valley, Hollywood and the nation's "salad bowl" in the Central Valley agricultural heartland. More news on: Nuveen California Quality Municipal Income Fund, Pimco California Municipal I...

San Diego County's Board of Supervisors has joined the U.S. Justice Department's legal challenge of California's so-called sanctuary policies aimed at protecting undocumented immigrants. More news on: Nuveen California Quality Municipal Income Fund, Pimco California Municipal Income Fund...

A petition to split California into three separate states has gathered about 600,000 signatures, well more than the 365,880 required to be on the ballot in November. More news on: Nuveen California Quality Municipal Income Fund, Pimco California Municipal Income Fund II, PIMCO California...

"My Administration stands in solidarity with the brave citizens in Orange County defending their rights against California's illegal and unconstitutional Sanctuary policies," according to a tweet from President Trump. More news on: Nuveen California Quality Municipal Income Fund, Pimco C...

The Department of Justice is suing California over three state statutes that federal officials say interfere with their immigration authority. More news on: Nuveen California Quality Municipal Income Fund, Pimco California Municipal Income Fund II, PIMCO California Municipal Income Fund,...

The strength of January disappeared in February despite little negative macroeconomic news, leading many analysts to conclude that profit-taking (and to a certain extend deleveraging) was driving the sudden fall in the S&P 500 ( SPY ). And while the shot-up in the VIX drove a fascinating, ...

In yesterday's piece, Get Out Of This PIMCO CEF While You Can , we discussed how PIMCO California Municipal Income Fund ( PCQ ) should probably be avoided given its high premium of +20%, and a possibly future distribution cut. What are some alternative CA muni funds that one could repl...

BlackRock MuniHoldings Quality Fund (NYSE: MUS ) - $0.0635. BlackRock MuniVest Fund II (NYSE: MVT ) - $0.0730. BlackRock MuniYield Fund (NYSE: MYD ) - $0.0670. BlackRock MuniYield Investment Fund (NYSE: MYF ) - $0.0695. BlackRock MuniYield Quality Fund III (NYSE: MYI ) - $0.0585. B...

2017 was a great year for the stock market. It also was a decent year for the bond market. Treasuries and preferred stocks performed the best from the fixed income categories selected, as seen below: Even with rates rising in 2017, the bond market seemed to shrug it off and bonds did slightl...