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Pimco California Municipal Income Fund ( (PCQ) ) has shared an update.
On September 17, 2025, the Board of Trustees of the PIMCO California Municipal Income Fund approved a change to the Fund’s investment guidelines, reducing the minimum investment in California Municipal Bonds from 90% to 80%. This adjustment, effective October 20, 2025, allows the Fund to invest at least 80% of its net assets in municipal bonds exempt from California income taxes, while maintaining its fundamental policy of investing in assets exempt from both federal and California state income taxes. The change will be documented in the Fund’s annual shareholder report for the year ending December 31, 2025.
More about Pimco California Municipal Income Fund
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