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Stock impact report

PCQ: Even At A Pop Higher, Value In This Muni Fund Remains [Seeking Alpha]

PIMCO California Municipal Income Fund (PCQ) 
Company Research Source: Seeking Alpha
My recent bullish stance on PCQ has been validated, with the fund outperforming equities and delivering over 7% gains since early September. The fund has a wide discount to NAV, which represents value in a market that is widely expensive. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Andrii Yalanskyi/iStock via Getty Images Main Thesis Background The purpose of this article is to evaluate the PIMCO California Municipal Income Fund ( PCQ ) as an investment option at the current market price. The fund invests primarily in California municipal bonds and therefore More on my IG service Consider the Income Lab This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PCQ over Show less Read more
Impact Snapshot
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Time And Velocity Analysis
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