General Info
About: Primary investments (at least 90%) are municipal fixed-income securities, the interest from which is exempt from federal and California State income tax. At least 80% of the bonds are investment grade. The Fund will seek to avoid bonds generating interest potentially subjecting individuals to the alternative minimum tax. Up to 20% of the net assets may be invested in municipal bonds that are rated Ba/BB or B.
Tags: Asset Management Financial Services
Website: https://investments.pimco.com/Products/Pages/PlCEF.aspx