PIMCO California Municipal Income Fund III Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2012
May 30, 2012 at 04:00 pm EDT
PIMCO California Municipal Income Fund III reported earnings results for the second quarter and six months ended March 31, 2012. For the quarter, the fund reported net investment income of $5,246,303 or $0.24 per share against $4,189,756 or $0.19 per share a year ago. Net realized and change in unrealized gain was $11,183,479 or $0.52 per share against net realized and change in unrealized loss was $6,917,998 or $0.33 per share a year ago.
For the six months, the fund reported net investment income of $9,407,763 or $0.43 per share against $8,380,259 or $0.38 per share a year ago. Net realized and change in unrealized gain was $14,113,350 or $0.65 per share against net realized and change in unrealized loss was $36,000,954 or $1.65 per share a year ago. Net asset value as at March 31, 2012 was $9.79 against $8.01 as at March 31, 2011.