| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 416,952 | $3.63M | $3.72M | $90,250.67 | 2.48% |
Daniel L. Lippincott Karpus Management Inc. | 1.78M | $15.46M | $15.9M | $448,448.05 | 2.9% |
| PF Phillip Fitzsimmons Hennion & Walsh Asset Management Inc. | 538,721 | $4.7M | $4.82M | $118,518.62 | 2.52% |
| PAP Penny A. Phillips Journey Strategic Wealth LLC | 17,000 | $148,410 | $151,640 | $3,230 | 2.18% |
| VMJ Victor Melfa Jr. MELFA WEALTH MANAGEMENT Inc. | 200,176 | $1.78M | $1.79M | $13,490.81 | 0.76% |
| NYSE Exchange | US Country |
PIMCO California Municipal Income Fund is a closed-ended fixed income mutual fund that is both launched and managed by Allianz Global Investors Fund Management LLC. It boasts co-management from the Pacific Investment Management Company LLC. The fund is focused on investing in the fixed income markets within the United States and is particularly aimed at diversifying its portfolio by investing across various sectors. A key feature of this fund is its primary investment in municipal bonds, which are often preferred for their tax advantages and steady income streams. PIMCO California Municipal Income Fund was established on June 29, 2001, and holds a domicile in New York.
The PIMCO California Municipal Income Fund operates as a closed-end fixed income mutual fund, targeting investors who seek consistent income through investments in the bond market, particularly municipal bonds.
The fund primarily focuses on investing in municipal bonds, which are debt securities issued by local government entities. These bonds are often exempt from federal taxes and provide attractive interest rates, making them a favored choice among investors seeking tax-efficient income.
By investing across a diverse range of sectors, the fund aims to mitigate risk and enhance returns. This approach allows for a broad exposure to varying economic conditions while focusing on stability and income generation.
Managed by experienced professionals from Allianz Global Investors and PIMCO, the fund employs an active management strategy. This involves continuous monitoring of market trends and economic indicators to adapt investment strategies that align with the fund's objectives.
The PIMCO California Municipal Income Fund is designed for investors looking for long-term growth through fixed-income securities. The strategy emphasizes stability and generating reliable income streams over time.