PIMCO California Municipal Income Fund (NYSE:PCQ) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Posted by Brenda Bartman on Sep 11th, 2026

PIMCO California Municipal Income Fund (NYSE:PCQ – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.78 and traded as low as $8.46. PIMCO California Municipal Income Fund shares last traded at $8.4750, with a volume of 113,731 shares changing hands.

PIMCO California Municipal Income Fund Stock Performance

The stock has a 50 day simple moving average of $8.72 and a 200 day simple moving average of $8.77.

PIMCO California Municipal Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be issued a dividend of $0.036 per share. The ex-dividend date is Friday, September 11th. This represents a c) annualized dividend and a yield of 5.2%.

Institutional Investors Weigh In On PIMCO California Municipal Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Almitas Capital LLC bought a new stake in shares of PIMCO California Municipal Income Fund in the 2nd quarter worth approximately $6,374,000. Verition Fund Management LLC grew its stake in PIMCO California Municipal Income Fund by 195.1% during the 4th quarter. Verition Fund Management LLC now owns 460,872 shares of the investment management company’s stock worth $4,023,000 after buying an additional 304,678 shares during the last quarter. Altium Capital Management LLC acquired a new stake in PIMCO California Municipal Income Fund in the fourth quarter worth $2,262,000. Bank of New York Mellon Corp acquired a new stake in PIMCO California Municipal Income Fund in the second quarter worth $2,207,000. Finally, Guggenheim Capital LLC lifted its stake in PIMCO California Municipal Income Fund by 21.3% in the fourth quarter. Guggenheim Capital LLC now owns 1,212,418 shares of the investment management company’s stock valued at $10,584,000 after buying an additional 213,149 shares during the last quarter.

About PIMCO California Municipal Income Fund

(Get Free Report)

PIMCO California Municipal Income Fund (NYSE: PCQ) is a closed-end management investment company that seeks to provide high current income exempt from federal and California state income taxes. The fund primarily invests in a diversified portfolio of municipal securities issued by entities within the State of California, with an emphasis on credit quality and income generation. Its strategy is designed to appeal to investors seeking tax-advantaged yields alongside professional portfolio management.

The fund generally allocates at least 80% of its total assets to municipal securities that are of investment grade or higher, covering a broad spectrum of sectors such as transportation, utilities, education, health care and local government obligations.