Previous 10 | Next 10 |
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...
Summary 3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut. PCQ's fall another reminder of why CEF premium/discount valuation matters. Author’s note: This article was released to CEF/ETF Income Laborato...
Summary The PIMCO muni CEFs have been taking a bath this week on the backdrop of distribution cuts. This news hasn't been positive for any of the impacted funds. However, it is a stunning example of how "premiums matter". We often hear on this forum and elsewhere that premiums are a...
PIMCO California Municipal Income Fund III ( NYSE: PZC ) declares $0.0295/share monthly dividend , -22.4% decrease from prior dividend of $0.0380. Forward yield 4.21% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See PZC Dividend Scorecard, ...
Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...
NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The dis...
News, Short Squeeze, Breakout and More Instantly...
PIMCO California Municipal Income Fund III of Beneficial Interest Company Name:
PZC Stock Symbol:
NYSE Market:
2024-04-24 01:40:00 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, April 17, 2024 (GLOBE NEWSWIRE) -- PIMCO California Municipal Income Fund (NYSE: PCQ), PIMCO California Municipal Income Fund II (NYSE: PCK), PIMCO California Municipal Income Fund III (NYSE: PZC), PIMCO Municipal Income Fund (NYSE: PMF), PIMCO Municipal Income Fund II (NYSE: PML), PIMC...
2024-04-14 03:40:00 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...