Pimco CA Muni. Income Fund III (NYSE:PZC) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.92 and traded as low as $10.98. Pimco CA Muni. Income Fund III shares last traded at $11.03, with a volume of 1,632 shares trading hands.
The firm’s 50 day simple moving average is $10.94.
The company also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Thursday, June 13th will be paid a $0.042 dividend. The ex-dividend date of this dividend is Wednesday, June 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.51%.
Pimco CA Muni. Income Fund III Company Profile (NYSE:PZC)
PIMCO California Municipal Income Fund III is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. It seeks to invest in stocks of companies operating across diversified sectors.
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