PCQ Pimco California Municipal Income Fund

XNYS
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

PCQ — —
Key stats
About
Exchange
XNYS
Market Cap
$0.1B
List Date
2001-06-27
CIK
0001140411
Homepage
https://www.pimco.com

PIMCO California Municipal Income Fund is a closed-end management investment company. It seeks to provide current income exempt from federal, New York State, and New York City income tax. The fund invests across sectors including healthcare, property, education, Natural Gas, and others.

Fund profile
Municipal Bond State Muni PIMCO US Actively managed
Expense ratio
—
Assets
$440M
shares × price, Oct 21, 2026
Trailing yield
—
Average daily volume
$2.3M
30 sessions
Holdings
—
Listed
Jun 27, 2001
NYSE
FrenzyCap ETF score
52
how it is built
Costn/a
Liquidity46
Scale61
Diversificationn/a

Moves with. US large-cap stocks (13% of its variance, beta 0.26); Long Treasuries (11% of its variance, beta 0.31); Gold (4% of its variance, beta 0.06). These factors explain 26% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll State Muni ETFs

Similar funds
FundOverlapFeeAssets1Y
CMFiShares California Muni Bond ETF—0.08%$5.2B−4.6%compare
VTECVanguard California Tax-Exempt Bond ETF—0.06%$2.6B−4.9%compare
NYFiShares New York Muni Bond ETF—0.09%$1.7B−4.8%compare
NYMAB New York Intermediate Municipal ETF—0.27%$1.3B—compare
CAMAB California Intermediate Municipal ETF—0.27%$1.2B−3.4%compare

The largest other funds in the State Muni category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.46%-10.58%-27.74%0.64%-0.98%2.74%-5.91%
Feb-2.58%-2.76%-8.00%-0.10%2.20%1.56%-1.61%
Mar-0.45%-4.27%-1.08%-2.50%-4.22%-6.33%-3.14%
Apr0.11%-3.95%0.20%-2.26%-2.57%2.33%-1.02%
May1.88%4.70%-1.31%-0.22%-3.54%0.80%0.39%
Jun2.09%-1.85%-0.31%3.29%2.51%1.13%1.14%
Jul-0.21%-3.52%3.83%0.97%-4.18%-4.34%-1.24%
Aug-2.14%-2.10%-8.84%0.42%-0.60%0.46%-2.13%
Sep0.75%-6.10%-10.80%3.97%5.31%-10.35%-2.87%
Oct1.17%1.06%-0.12%-2.17%0.79%1.29%*0.34%
Nov0.50%14.71%8.14%-1.72%-0.56%--4.21%
Dec-2.52%-5.75%-0.32%-7.09%-0.68%---3.27%
Total-1.08%-20.38%-41.07%-7.01%-6.76%-11.03%-14.56%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $7.77
SMA 50: $8.23
SMA 200: $8.68
Current: $7.84
EMA 12: $7.83
EMA 26: $7.93
MACD: -0.0978 | Signal: 0.0453
BEARISH
ADX (14): 32.40
TREND
+DI: 20.20
−DI: 22.04

Momentum Oscillators

RSI (14): 45.17
NEUTRAL
Stoch %K: 65.87
Stoch %D: 73.79
Williams %R: -35.71

Volume & Volatility

BB Upper: $7.96
BB Lower: $7.58
NEUTRAL
OBV: -3,114,426
Vol SMA 20: 335,198
Vol ROC: -33.90%
ATR: $0.13
True Range: $0.10
HV 20: 21.0%
HV 30: 18.9%
HV 60: 14.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report: PCQ

Executive Summary

Overall Assessment: NEUTRAL with confidence level (6/10)

Key Drivers:

  • Technical indicators suggest a weak trend, but momentum is neutral
  • Recent news headlines are generally neutral, with no significant catalysts or risks identified
  • Risk metrics indicate low volatility and a defensive positioning relative to the market

Primary Risks:

  • Lack of significant catalysts or news events could lead to consolidation or sideways trading
  • Low volatility may not provide opportunities for meaningful gains

Investment Thesis: PCQ is a stock with a neutral technical profile, surrounded by a relatively quiet news environment. With low volatility and no significant earnings or options activity, the stock's near-term direction is uncertain. However, as a defensive play in a market with rising interest rates, PCQ may be an attractive option for investors seeking stability.

Recent News Sentiment Impact: The neutral news sentiment has not had a significant impact on the stock's price movement, and the recent headlines are unlikely to drive meaningful changes in the near term.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Neutral
  • Medium-term (1-3 months): Weak trend
  • Long-term (3-12 months): Uptrend

Support/Resistance Levels:

  • Upper Bollinger Band: $9.11
  • Middle Bollinger Band: $8.83
  • Lower Bollinger Band: $8.54

Momentum Signals:

  • RSI (14): 34.25 (neutral)
  • MACD: -0.07 / Signal: -0.04 / Histogram: -0.03 (bearish)

News & Sentiment Analysis

Recent Headlines Summary: The recent news headlines are generally neutral, with no significant catalysts or risks identified.

Sentiment Assessment: The sentiment is NEUTRAL, reflecting the lack of significant news events or market-moving information.

Catalyst Identification: There are no immediate catalysts or news events that could drive meaningful changes in the stock's price movement.

Market Narrative: The recent news environment has not had a significant impact on the stock's price movement, and there is little to suggest that this will change in the near term.

Risk & Volatility Assessment

Beta Interpretation: The beta of 0.26 indicates a defensive positioning relative to the market, suggesting lower volatility than the broader market.

Volatility Regime: The current volatility level is low, with a stock volatility of 0.08, indicating a relatively calm market environment.

Market Context & Positioning

Sector Performance: PCQ's sector performance has been generally flat, with no significant trends or catalysts driving changes in the near term.

Institutional Activity: There is no significant institutional activity to suggest that PCQ is an attractive target for buying or selling pressure.

Correlation Analysis: The correlation between PCQ and the broader market (R-squared) is 0.41, indicating a relatively low degree of dependence on market movements.

Key Levels & Action Items

Critical Price Levels:

  • Support: $8.54
  • Resistance: $9.11

Breakout/Breakdown Levels: No significant breakout or breakdown levels are identified in the near term.

Time-Sensitive Catalysts: There are no immediate catalysts or news events that could drive meaningful changes in the stock's price movement.

Risk Management: Stop-loss levels and position sizing considerations should be based on individual risk tolerance and market conditions, as there is little to suggest that PCQ will experience significant price movements in the near term.

Generated

PCQ Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.2981
Alpha: -16.30%
Correlation: 0.3763
R-Squared: 14.2%
Stock Volatility: 10.1%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own PCQ
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Rockefeller Capital Management Family office
Rockefeller family
$1.5M
0.00%
#1513 of 4729+13.8%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

PCQ Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

90 filers19,019,737 shares$169.33M value
# Filer Shares Value % of Total % of Float Period
1 RIVERNORTH CAPITAL MANAGEMENT, LLC 2,575,012 $23.10M 13.64% — 2026-06-30
2 Karpus Management, Inc. 2,031,479 $18.22M 10.76% — 2026-06-30
3 Advisors Asset Management, Inc. 1,652,372 $14.82M 8.75% — 2026-06-30
4 GUGGENHEIM CAPITAL LLC 1,180,693 $10.59M 6.25% — 2026-06-30
5 TORONTO DOMINION BANK 1,157,410 $10.38M 6.13% — 2026-06-30
6 Matisse Capital 848,717 $7.61M 4.50% — 2026-06-30
7 Saba Capital Management, L.P. 725,010 $6.50M 3.84% — 2026-06-30
8 Almitas Capital LLC 710,604 $6.37M 3.76% — 2026-06-30
9 ROBINSON CAPITAL MANAGEMENT, LLC 637,256 $5.72M 3.38% — 2026-06-30
10 Logan Stone Capital, LLC 476,434 $4.27M 2.52% — 2026-06-30
11 Morgan Stanley Custodian 434,930 $3.90M 2.30% — 2026-06-30
12 Hennion & Walsh Asset Management, Inc. 505,534 $3.90M 2.30% — 2026-09-30
13 LPL Financial LLC Custodian 422,807 $3.79M 2.24% — 2026-06-30
14 SIT INVESTMENT ASSOCIATES INC 421,952 $3.79M 2.24% — 2026-06-30
15 Williams & Novak Wealth Management, LLC 476,148 $3.67M 2.17% — 2026-09-30
16 Altium Capital Management LLC 333,093 $2.99M 1.76% — 2026-06-30
17 WHITEBOX ADVISORS LLC 284,471 $2.55M 1.51% — 2026-06-30
18 Bank of New York Mellon Corp Custodian 246,042 $2.21M 1.30% — 2026-06-30
19 FIRST FOUNDATION ADVISORS 223,993 $2.01M 1.19% — 2026-06-30
20 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 201,590 $1.81M 1.07% — 2026-06-30
21 Professional Financial Management, Inc. 200,576 $1.80M 1.06% — 2026-06-30
22 MELFA WEALTH MANAGEMENT, INC. 193,424 $1.74M 1.02% — 2026-06-30
23 Thomas J. Herzfeld Advisors, Inc. 185,469 $1.66M 0.98% — 2026-06-30
24 Fiera Capital Corp 174,853 $1.57M 0.93% — 2026-06-30
25 Rockefeller Capital Management L.P. Custodian 165,869 $1.49M 0.88% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

PCQ Insider Trading (Form 4)

Latest: 2026-10-16
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-16 BANK OF AMERICA CORP /DE/ 10%+ Owner Mixed — $7.92 $1.7K EDGAR
2026-10-13 BANK OF AMERICA CORP /DE/ 10%+ Owner Mixed — $7.90 $1.1K EDGAR
2026-08-25 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) −790 — EDGAR
2026-02-25 Banc of America Preferred Funding Corp 10%+ Owner Other (J) −1,620 — EDGAR
2025-08-13 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner Mixed — $8.22 — EDGAR
2025-08-05 Thibault Christian Stracke Award (A) +18,175 — EDGAR
2025-08-05 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) +546 — EDGAR
2025-08-05 Banc of America Preferred Funding Corp 10%+ Owner Other (J) +3,420 — EDGAR
2024-07-01 JPMorgan Chase Bank, N.A. 10%+ Owner Other (J) 244 (reclass) — EDGAR
2024-04-18 UBS Group AG 10%+ Owner Other (J) −4,369 — EDGAR
2020-01-30 Thomas Matthew Buffington Director Sell (S) −5 $22000.00 -$110.0K EDGAR
2018-09-20 WELLS FARGO & COMPANY/MN 10%+ Owner Other (J) −1,570 — EDGAR
2014-08-11 William H Gross Buy (P) +51,478 $14.47 $744.8K EDGAR
2013-10-23 William H Gross Buy (P) +39,100 $13.31 $520.5K EDGAR
2013-10-22 William H Gross Buy (P) +38,875 $13.20 $513.2K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

PCQ Insider Holdings

2 insiders · @ $7.84
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Thibault Christian Stracke 18,175 $142.5K $0 1 2025-08-05
2 Banc of America Preferred Funding Corp 10%+ Owner 1,920 $15.1K $0 2 2026-02-25
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
1 ETF hold PCQ
1 shown · $791.55K total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 CEFS Saba Closed-End Funds ETF Nport 0.19% $791,553 — 2026-05-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.