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Posted by
Two Blokes Apr 21 -
Filed in
Stock
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6 views
Evaluating PIMCO California Municipal Income Fund II (PCK) as a current investment option, focusing on its tax-exempt income benefits. PCK primarily invests in California municipal bonds, aiming to provide income exempt from federal, state, and alternative minimum taxes. Munis look under-priced compared to treasuries right now and PCK in particular looks cheap with a discount to NAV in double-digits.
