PIMCO California Municipal Income Fund removes 15% illiquid securities limit effective Oct. 27
The fund removed its investment guideline that capped investments in securities illiquid at the time of purchase at 15% of net assets, effective October 27, 2023. The filing describes this as an administrative change to investment limits and gives no financial results or market impact.
Key points
- Fund's 15% of net assets cap on securities illiquid at time of investment is removed
- Change is effective October 27, 2023
- Filing made September 26, 2023 and signed by Chief Legal Officer Ryan G. Leshaw
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 26, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.