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Published on 1/12/2024 in the Prospect News Preferred Stock Daily.

Fitch assigns AA to Pimco shares

Fitch Ratings said it assigned an AA long-term rating to $25 million of series 2054 remarketable variable rate munifund term preferred shares issued today by Pimco California Municipal Income Fund. The fund's investment manager is Pacific Investment Management Co. LLC.

The rating is consistent with the agency’s rating on the fund’s series 2051 remarketable variable rate munifund term preferred shares.


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