PIMCO CALIFORNIA MUNICIPAL INCOME FUND (PCQ)
The PIMCO California Municipal Income Fund, structured as a closed-end mutual fund primarily focused on fixed-income investments, operates under the management of Allianz Global Investors Fund Management LLC. Pacific Investment Management Company LLC also shares in the fund's co-management duties. Its investment strategy targets fixed-income securities within the United States market. Although its portfolio largely comprises municipal bonds, it also aims to invest in the equity of companies spanning diverse sectors. This fund commenced operations on June 29, 2001, and is based in New York.
Industry: Asset Management - Income
PIMCO California Municipal Income Fund
NYSE:PCQFinancial Services · Asset Management - Income
-0.13%$7.91
AH Close$7.91+0.00%vs close
AH Close$7.91+0.00%vs close
Mkt Cap$150.14M
Float18.98M
O/S18.98M
Inst Own98.6%
Div Yield5.46%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$21.93M
Net Income$32.77M
Total Assets$982.67M
Free Cash Flow-$252.36M
Debt & Equity
Debt 42%
Equity 58%
Total Debt$401.71M
Total Equity$557.23M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PCQ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$982.67M
Liabilities$425.44M
Accounts Receivable$10.55M
Accounts Payable$2.02M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-04-30 | 2013-04-30 | 2011-04-30 |
| Revenue | $21.93M | $1.84M | $14.66M | -$1.1M | $17.64M | $18.09M | $20.58M | $37K | $26.47M | $21.37M | $21.57M | $21.78M | $22.43M | $23.2M |
| YoY Growth | 1089.4% | -87.4% | -1434.1% | -106.2% | -2.5% | -12.1% | 55510.8% | -99.9% | 23.8% | -0.9% | -0.9% | -2.9% | -3.3% | - |
| Cost of Revenue | $4.15M | $0 | $0 | $0 | $633K | $3.22M | $0 | $3.16M | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $17.78M | $1.84M | $14.66M | $16.17M | $17.31M | $14.88M | $20.58M | -$3.12M | $26.47M | $21.37M | $21.57M | $21.78M | $22.43M | $23.2M |
| Gross Margin | 81.1% | 100.0% | 100.0% | -1471.5% | 98.1% | 82.2% | 100.0% | -8432.4% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $49 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $265K | $206K | $193K | $133K | $212K | $244K | $3.08M | $199K | $271K | $3.23M | $3.26M | $3.11M | $3.2M | $2.9M |
| Other | -$25.17M | $40K | $2.39M | $2.59M | $60K | $2.98M | $0 | $272K | $177K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$24.91M | $246K | $2.58M | $2.73M | $272K | $3.22M | $3.08M | $318K | $294K | $17.2M | $3.6M | $21.59M | $13.03M | $39.19M |
| Operating Income (EBIT) | $42.69M | $1.6M | $12.08M | -$52.75M | $11.53M | $18.8M | $17.49M | $1.94M | $27.21M | $18.14M | $18.31M | $18.66M | $19.23M | $20.3M |
| Operating Margin | 194.6% | 86.7% | 82.4% | 4799.7% | 65.3% | 103.9% | 85.0% | 5243.2% | 102.8% | 84.9% | 84.9% | 85.7% | 85.7% | 87.5% |
| Interest Expense | $9.92M | $5.01M | $1.58M | $1.12M | $633K | $1.18M | $2.4M | $2.22M | $1.04M | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $26.77M | $14.6M | $14.65M | $16.17M | $17.31M | $18.3M | $0 | $22.66M | $22.32M | $330K | $77K | $218K | $244K | $0 |
| Other Income (Expense) | -$9.92M | -$5.01M | $9.21M | -$1.12M | -$633K | -$1.18M | $19.2M | -$2.22M | $7.06M | -$14.3M | $6.78M | -$18.7M | $15.99M | $41.82M |
| Income Before Tax (EBT) | $32.77M | $1.6M | $21.29M | -$53.87M | $10.89M | $17.62M | $36.69M | -$281K | $26.17M | $3.84M | $25.09M | -$37K | $35.22M | $62.12M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.04M | $0 | $0 | $0 | $0 | $41.82M |
| Net Income | $32.77M | $1.6M | $21.29M | -$53.87M | $10.89M | $17.62M | $36.69M | -$281K | $26.17M | $2.73M | $24.83M | -$232K | $34.85M | $61.77M |
| Net Income Margin | 149.4% | 86.7% | 145.2% | 4901.6% | 61.7% | 97.4% | 178.3% | -759.5% | 98.9% | 12.8% | 115.1% | -1.1% | 155.4% | 266.3% |
| Supplementary Data | ||||||||||||||
| EPS | 0.58 | 0.08 | 0.75 | -2.98 | 0.57 | 0.87 | 1.79 | -0.01 | 1.29 | 0.15 | 1.48 | -0.01 | 1.88 | 3.34 |
| Diluted EPS | 0.58 | 0.08 | 0.75 | -2.98 | 0.57 | 0.87 | 1.79 | -0.01 | 1.29 | 0.15 | 1.33 | -0.01 | 1.88 | 3.34 |
| Weighted Average OS | 56.13M | 18.98M | 18.98M | 18.97M | 18.92M | 18.87M | 18.83M | 18.67M | 18.69M | 18.69M | 16.73M | 18.57M | 18.52M | 18.47M |
| EBITDA | $42.69M | $1.6M | $12.08M | -$52.75M | $11.53M | $20.12M | $18.53M | $0 | $0 | $18.14M | $18.31M | $18.66M | $19.23M | $0 |
| EBITDA Margin | 194.6% | 86.7% | 82.4% | 4799.7% | 65.3% | 111.2% | 90.1% | - | - | 84.9% | 84.9% | 85.7% | 85.7% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-04-30 | 2013-04-30 | 2012-04-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $10.19M | $1.12M | $1K | $0 | $0 | $1K | $1K | $1K | $856K | $500K | $431K | $66K | $517K | $2.08M |
| Short-Term Investments | $0 | $0 | $0 | $3.43M | $2.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $10.19M | $1.12M | $1K | $3.43M | $2.85M | $1K | $1K | $1K | $856K | $500K | $431K | $66K | $517K | $2.08M |
| Accounts Receivable | $10.55M | $4.13M | $4.25M | $4.47M | $5.2M | $5.21M | $5.89M | $6.9M | $7.08M | $6.31M | $6.32M | $6.72M | $7.35M | $7.25M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $12.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$4.13M | $2.45M | -$3.43M | -$2.85M | -$5.21M | -$12.22M | $229K | $0 | $0 | $0 | $0 | $800K | $1.22M |
| Total Current Assets | $20.74M | $1.12M | $6.71M | $4.47M | $5.2M | $0 | $5.89M | $6.9M | $7.93M | $6.81M | $6.75M | $6.81M | $8.71M | $10.55M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $961.93M | $328.25M | $341.03M | $349.22M | $471.13M | $469.64M | $498.4M | $486.94M | $499.67M | $375.99M | $391.59M | $409.33M | $421.4M | $431.03M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $3.68M | $0 | $0 | $0 | $0 | -$486.94M | -$499.67M | $65.88M | $54.42M | $23.31M | $26.07M | -$431.03M |
| Total Long-Term Assets | $961.93M | $328.25M | $344.71M | $349.22M | $471.13M | $469.64M | $498.4M | $486.94M | $499.67M | $441.87M | $446.01M | $432.64M | $447.47M | $431.03M |
| Other Assets | $0 | $4.29M | -$3.52M | $108K | $111K | $474.96M | $111K | $45K | $37K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $982.67M | $333.66M | $347.9M | $353.8M | $476.43M | $474.96M | $504.4M | $493.88M | $507.64M | $448.68M | $452.76M | $439.45M | $456.18M | $441.58M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $2.02M | $683K | $818K | $1.39M | $1.23M | $1.23M | $1.48M | $1.49M | $1.5M | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $11.69M | $58.32M | $53.83M | $84.93M | $91.73M | $0 | $38.35M | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$10.29M | -$57.09M | -$52.59M | -$83.45M | -$90.24M | -$88.14M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$200K | $1.03M | $10.35M | -$1.23M | -$2.46M | -$1.48M | -$93.22M | -$1.5M | $1.44M | $1.44M | $1.43M | $1.43M | $1.95M |
| Total Current Liabilities | $22.62M | $683K | $818K | $13.14M | $1.23M | $0 | $1.48M | $1.49M | $1.5M | $40.05M | $1.71M | $1.93M | $2.01M | $1.95M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $401.71M | $136.31M | $34.5M | $24.36M | $29.24M | $29.27M | $0 | $0 | $0 | $0 | $28.49M | $31.77M | $31.77M | $35.77M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $23.73M | $136.99M | $164K | $49K | $422K | $172K | $0 | $0 | $0 | $0 | $206K | $0 | $0 | -$35.77M |
| Total Long-Term Liabilities | $425.44M | $136.99M | $34.66M | $24.41M | $29.66M | $29.44M | $84.93M | $91.73M | $89.63M | $0 | $28.7M | $31.77M | $31.77M | $35.77M |
| Other Liabilities | $0 | $0 | $212K | $0 | $87.02M | $84.77M | $29.97M | $29.73M | $487K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $425.44M | $137.67M | $35.69M | $37.55M | $89.48M | $84.77M | $116.38M | $122.95M | $91.62M | $40.05M | $30.41M | $33.7M | $33.78M | $37.71M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $109.9M | $120.63M | $120.63M | $120.63M | $120.63M | $120.63M | $150M | $150.03M | $150.01M | $150M | $150M | $150M |
| Common Stock | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $243.07M | $244.29M | $250.08M |
| Retained Earnings | -$75.75M | -$21.88M | -$16.64M | -$27.76M | $39.45M | $42.91M | $40.77M | $23.73M | $11.1M | $13.69M | $28.21M | $12.68M | $28.1M | $3.79M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $632.98M | $217.88M | $328.85M | $344M | $347.49M | $347.28M | $347.24M | $347.2M | $404.92M | $394.82M | $394.14M | $150M | $150M | $150M |
| Total Equity | $557.23M | $196M | $312.21M | $316.25M | $386.95M | $390.19M | $388.01M | $370.93M | $416.02M | $408.51M | $422.36M | $405.75M | $422.4M | $403.87M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $982.67M | $333.66M | $347.9M | $353.8M | $476.43M | $474.96M | $504.4M | $493.88M | $507.64M | $448.55M | $452.76M | $439.45M | $456.18M | $441.58M |
| Supplementary Data | ||||||||||||||
| Total Debt | $401.71M | $136.31M | $34.5M | $36.05M | $87.57M | $83.09M | $84.93M | $91.73M | $89.63M | $38.35M | $28.49M | $31.77M | $31.77M | $0 |
| Net Debt | $391.52M | $135.19M | $34.5M | $11.69M | $58.32M | $53.82M | $84.93M | $91.73M | $88.78M | $37.85M | $28.06M | $31.7M | $31.25M | -$2.08M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-04-30 | 2013-04-30 | 2012-04-30 |
| Operating Activities | ||||||||||||||
| Net Income | $32.77M | $1.6M | $21.29M | -$53.87M | $10.89M | $17.62M | $36.69M | -$281K | $26.17M | $3.84M | $25.09M | -$37K | $35.22M | $62.12M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $1.32M | $1.04M | $766K | $503K | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$6.43M | $124K | $221K | $724K | $11K | $681K | $1.01M | $180K | -$768K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $392K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $206K | $300K | $50K | -$415K | $240K | -$281K | $37K | $130K | $68K | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$5.83M | $424K | $271K | $309K | $251K | $400K | $1.05M | $310K | -$700K | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$279.3M | $15.26M | $5.75M | $121.92M | -$1.46M | $27.34M | -$12.46M | $11.98M | -$58.3M | -$3.84M | -$25.09M | $37K | -$35.22M | -$62.12M |
| Net Cash from Operating | -$252.36M | $17.28M | $27.31M | $68.36M | $9.69M | $46.69M | $26.33M | $12.78M | -$32.33M | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$166.76M | -$88.84M | -$114.19M | -$161.72M | -$61.28M | -$83.31M | -$97.7M | -$175.01M | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $176.31M | $80.89M | $98.81M | $220.83M | $49.8M | $117.15M | $112.9M | $169.34M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $15.91M | $30.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $9.55M | $7.96M | $15.38M | $59.11M | -$11.48M | $33.84M | $15.2M | -$5.67M | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$265.43M | $5.94M | $11.69M | $46.64M | -$4.5M | $31.11M | $6.8M | -$2.1M | -$51.28M | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$107.71M | -$10.13M | -$4.89M | -$29.3M | $0 | $0 | -$24.97M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$13.55M | -$8.2M | -$8.59M | -$14.33M | -$14.01M | -$14.4M | -$16.57M | -$16.57M | -$18.6M | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $5.94M | $0 | $4.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $251.88M | -$16.16M | -$27.31M | -$68.36M | -$9.69M | -$46.69M | -$26.33M | -$13.63M | $32.68M | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $11.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $9.07M | $1.12M | $1K | $59.11M | -$1K | $0 | $0 | -$855K | $356K | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$252.36M | $17.28M | $27.31M | $68.36M | $9.69M | $46.69M | $26.33M | $12.78M | -$32.33M | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$252.36M | $17.28M | $27.31M | $68.36M | $9.69M | $46.69M | $26.33M | $12.78M | -$32.33M | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $1.12M | $1K | $0 | $0 | $1K | $1K | $1K | $856K | $500K | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $10.19M | $1.12M | $1K | $59.11M | $0 | $1K | $1K | $1K | $856K | $0 | $0 | $0 | $0 | $0 |