PZC News and Press, PIMCO California Municipal Income Fund III of Beneficial Interest From 01/03/24

2024-01-03 09:01:33 ET More on PIMCO California Municipal Income Fund III Dividend scorecard for PIMCO California Municipal Income Fund III For further details see: PIMCO California Municipal Income Fund III declares $0.033 dividend

2023-12-23 11:20:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

NEW YORK, Sept. 20, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN), PIMCO California M...

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN), PIMCO California Mu...

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...

PIMCO California Municipal Income Fund III ( NYSE: PZC ) declares $0.0295/share monthly dividend , in line with previous. Forward yield 4.23% Payable March 1; for shareholders of record Feb. 13; ex-div Feb. 10. See PZC Dividend Scorecard, Yield Chart, & Dividend ...

Summary PZC is similar to other PIMCO muni CEFs in that it has had a volatile few months. This comes on the backdrop of higher interest rates and a distribution cut. With this backdrop, I believe the worst of things has passed. PZC sits at its par value on the open market and offers an ...

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...