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PIMCO California Municipal Income Fund

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PIMCO California Municipal Income Fund is a closed-end management investment company that seeks current income exempt from federal and California state income tax. The fund invests primarily in municipal bonds issued by California state and local governments and their agencies. Managed by Pacific Investment Management Company LLC (PIMCO), the fund provides diversification across issuers, sectors, and maturities within the California municipal bond market. PCQ may use leverage to enhance income and distributes monthly tax-exempt income to shareholders.