Pimco California Municipal Income Fund

Market Movers (8-K)

NYSE
PIMCO California Municipal Income Fund's Board approved reducing the minimum allocation to California Municipal Bonds from 90% to 80%.

Insider Trading (Form 4)

NYSE
Bank of America Corporation and its subsidiary, Banc of America Preferred Funding Corp, reported the redemption of 810 preferred shares in PIMCO California Municipal Income Fund.
NYSE
Bank of America and Merrill Lynch reported simultaneous purchase and sale of PIMCO California Municipal Income Fund shares, maintaining zero net beneficial ownership.
NYSE
A PIMCO executive acquired 18,175 shares of PIMCO California Municipal Income Fund (PCQ) common stock following a merger and reorganization.
NYSE
Bank of America Corporation and its subsidiary Banc of America Preferred Funding Corp reported a cashless exchange of 1,710 preferred shares in PIMCO California Municipal Income Fund as part of a fund reorganization.
NYSE
JPMorgan Chase Bank, N.A. reported an indirect acquisition of 546 PIMCO California Municipal Income Fund preferred shares following a fund reorganization.
NYSE
JPMorgan Chase Bank, N.A. reports a transaction involving Remarketable Variable Rate Munifund Term Preferred Shares of PIMCO California Municipal Income Fund, transferring shares into a trust while retaining indirect beneficial ownership.

Proxy Statements (Def-14A)

NYSE
PIMCO California Municipal Income Fund, PIMCO Municipal Income Fund II, and PIMCO New York Municipal Income Fund II will hold a joint annual meeting on December 15, 2025, to elect trustees and address other business.
NYSE
PIMCO Municipal Income Fund II, PIMCO New York Municipal Income Fund II, and PIMCO California Municipal Income Fund are soliciting shareholder votes for a joint special meeting on June 27, 2025, to approve the issuance of new common shares for the acquisition of certain related PIMCO closed-end municipal funds.
Capital raise
NYSE
PIMCO is seeking shareholder approval to reorganize several of its closed-end municipal funds, aiming to consolidate similar funds for increased investment opportunities and efficiency.
NYSE
PIMCO Municipal Income Funds are holding a Joint Annual Meeting of Shareholders on December 16, 2024, to elect trustees for each fund.

Schedule 13D - Activist Investments

NYSE
Bank of America Corporation and its affiliate reported a reduced ownership stake in PIMCO California Municipal Income Fund following a partial redemption of preferred shares.
NYSE
Bank of America Corporation's subsidiary, Banc of America Preferred Funding Corporation, updated its beneficial ownership of PIMCO California Municipal Income Fund's preferred shares following a fund reorganization.
NYSE
Wells Fargo and its subsidiary updated their Schedule 13D filing to reflect the exchange of preferred shares following the reorganization of PIMCO California Municipal Income Funds.
NYSE
Bank of America Corporation and Banc of America Preferred Funding Corporation have amended their Schedule 13D filing to reflect an increased percentage of beneficial ownership in PIMCO California Municipal Income Fund's preferred shares, now at 74.7%, due to a decrease in the issuer's total outstanding shares.

Schedule 13G - Passive Investments

NYSE
Saba Capital Management, L.P. and its affiliates have disclosed a 1.92% beneficial ownership stake in PIMCO California Municipal Income Fund.
NYSE
JPMorgan Chase Bank, National Association, reported a 19.66% beneficial ownership of PIMCO California Municipal Income Fund's Remarketable Variable Rate MuniFund Term Preferred Shares.
NYSE
Saba Capital Management and its affiliates have disclosed a 5.68% beneficial ownership stake in PIMCO California Municipal Income Fund, holding 1,079,027 common shares.