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PCK / PCK: Trades At Discount To NAV, Rising Inflation Can Cause Pain

PCK trades at a nice discount to NAV and the fund is markedly cheaper than its sister funds from PIMCO. California munis seem well supported at these levels. Tax revenues are up and state finances suggest defaults and delinquencies will be minimal. Read More

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Content Topics

PCK

Trades

Discount

Nav

Rising

Inflation

Cause

Pain

Stock

Posted: Jun 22 2022, 00:59

Author Name: Seeking Alpha

PCK News

By Seeking Alpha
August 17, 2023

PCK: The Discount To NAV Is Not Enough To Remain Bullish (Rating Downgrade)

PIMCO California Municipal Income Fund II has struggled throughout 2023 despite a widened discount to NAV. The fund's inability to attract buyers at i

By Seeking Alpha
April 10, 2023

PCK: Pay Attention To Duration, Tech And The Debt Ceiling

PIMCO California Municipal Income Fund II has high duration, which works on a rate pivot, but it's quite aggressive in that regard. Furthermore, as fa

By Seeking Alpha
April 6, 2023

The Month In Closed-End Funds: March 2023

For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted

By Seeking Alpha
June 22, 2022

PCK: Trades At Discount To NAV, Rising Inflation Can Cause Pain

PCK trades at a nice discount to NAV and the fund is markedly cheaper than its sister funds from PIMCO. California munis seem well supported at these

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