Headlines about PIMCO California Municipal Income Fund II (NYSE:PCK) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PIMCO California Municipal Income Fund II earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned press coverage about the closed-end fund an impact score of 43.8523097060913 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
PIMCO California Municipal Income Fund II (PCK) traded up $0.02 on Friday, hitting $8.92. The stock had a trading volume of 146,898 shares, compared to its average volume of 161,514. PIMCO California Municipal Income Fund II has a one year low of $8.90 and a one year high of $10.42.
The firm also recently announced a monthly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Friday, January 12th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.71%.
PIMCO California Municipal Income Fund II Company Profile
PIMCO California Municipal Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal and California income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal and California income tax.
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