PIMCO California Municipal Income Fund III reported earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company reported net investment income of $775,842 or $0.14 per share compared to $874,286 or $0.15 per share a year ago. Net realized and change in unrealized gain was $2,397,272 or $0.41 per share compared to net realized and change in unrealized loss of $4,168,824 or $0.75 per share a year ago.

For the nine months period, the company reported net investment income of $2,374,308 or $0.42 per share compared to $2,706,721 or $0.48 per share a year ago. Net realized and change in unrealized gain was $4,351,154 or $0.76 per share compared to net realized and change in unrealized loss of $4,980,071 or $0.89 per share a year ago. As on date, net asset value was $9.22 per share against $8.76 per share a year ago.