PCQ News and Press, PIMCO California Municipal Income Fund From 06/13/23

TORONTO, June 13, 2023 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX-V: PCQ)(OTC:PCQRF)(the “Company”), announces that a total of 4,650,000 options to purchase common shares of the Company have been granted to directors and officers of the Company at an exercise price of $0.10 per share...

2023-05-08 06:16:29 ET California's reparations task force, which first convened nearly two years ago, has given the final approval to a list of recommendations on how the state may compensate and apologize to Black residents for historical discrimination. "Reparations are not only mora...

TORONTO, April 27, 2023 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to provide an update on its geophysical program in the Rayon d’Or and Vauquelin Property (the “Property”). The Property consists of 37 mining claims t...

TORONTO, March 01, 2023 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to provide an update on its exploration campaign in the Vauquelin-Rayon d’Or Property (the “Property”). The Property consists of 37 mining claims tota...

TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce it has acquired 52 mining claims covering about 6,981 acres (2,825 hectares), adjacent to the eastern edge of the Moblan Deposit owned by Sayona Mining Limited....

PIMCO California Municipal Income Fund ( NYSE: PCQ ) declares $0.036/share monthly dividend , in line with previous. Forward yield 3.95% Payable March 1; for shareholders of record Feb. 13; ex-div Feb. 10. See PCQ Dividend Scorecard, Yield Chart, & Dividend Growt...

Summary As 2022 was coming to a close, PCQ was one of the few tickers I cover that I placed an outright "sell" on. Since then, it has dropped near 30%. This has come at a time when munis have generally recovered after a difficult year. Looking ahead, I still see bright spots for the sec...

Summary PIMCO finally did it. They chopped the muni CEF distribution by up to 45%. PCQ was the biggest risk as it was trading at a ridiculous 45% premium to NAV going into the cut. Post-cut, valuations are being re-rated significantly. All the funds may eventually trade at a discoun...

Summary PIMCO California muni funds teach a lesson on CEF valuation. The most expensive fund declined by the most after the cut. Remember CEF investors, don't just look at the yield! Author's note: This article was released to CEF/ETF Income Laboratory members as part of...

Summary 21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector. Real estate and senior loans are the highest-yielding CEF sector. Author's note: This article was released to CEF/ETF...