PIMCO California Municipal Income Fund (NYSE:PCQ) Stock Crosses Below 200 Day Moving Average – What’s Next?

Posted by Francis Steltz on Oct 21st, 2026

Shares of PIMCO California Municipal Income Fund (NYSE:PCQ – Get Free Report) passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $8.60 and traded as low as $7.81. PIMCO California Municipal Income Fund shares last traded at $7.83, with a volume of 322,071 shares traded.

PIMCO California Municipal Income Fund Stock Performance

The firm has a 50-day moving average price of $8.24 and a two-hundred day moving average price of $8.60.

PIMCO California Municipal Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Tuesday, October 13th will be paid a $0.0360 dividend. This represents a $0.43 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, October 13th.

Institutional Investors Weigh In On PIMCO California Municipal Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PCQ. Granite Investment Partners LLC purchased a new stake in shares of PIMCO California Municipal Income Fund in the first quarter valued at approximately $104,000. Pure Financial Advisors LLC purchased a new position in PIMCO California Municipal Income Fund during the 2nd quarter worth $111,000. Pasadena Private Wealth LLC purchased a new position in PIMCO California Municipal Income Fund during the 2nd quarter worth $112,000. Seamount Financial Group Inc. purchased a new position in PIMCO California Municipal Income Fund during the 1st quarter worth $124,000. Finally, Tortoise Investment Management LLC purchased a new position in PIMCO California Municipal Income Fund during the 2nd quarter worth $124,000.

About PIMCO California Municipal Income Fund

(Get Free Report)

PIMCO California Municipal Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol PCQ. The fund is managed by PIMCO, a global investment management firm, and is designed to provide investors with access to California’s municipal bond market.

The fund’s primary investment objective is to seek current income that is exempt from regular federal income tax and California state personal income tax. It generally invests in a portfolio of municipal bonds and other municipal obligations issued by California state and local governments, public agencies, and related entities.

Through its portfolio, PIMCO California Municipal Income Fund may provide exposure to financing for public services and infrastructure, including schools, transportation systems, utilities, healthcare facilities, and other governmental projects.