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PIMCO CA Muniome Fund III (PIMCO CA Muniome Fund III) 5-Year Yield-on-Cost % : 3.52 (As of Apr. 28, 2024)


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What is PIMCO CA Muniome Fund III 5-Year Yield-on-Cost %?

PIMCO CA Muniome Fund III's yield on cost for the quarter that ended in Dec. 2023 was 3.52.


The historical rank and industry rank for PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost % or its related term are showing as below:

PZC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.75   Med: 3.6   Max: 4.92
Current: 3.52


During the past 7 years, PIMCO CA Muniome Fund III's highest Yield on Cost was 4.92. The lowest was 2.75. And the median was 3.60.


PZC's 5-Year Yield-on-Cost % is ranked worse than
70.92% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs PZC: 3.52

Competitive Comparison of PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost %

For the Asset Management subindustry, PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost % falls into.



PIMCO CA Muniome Fund III 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of PIMCO CA Muniome Fund III is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

PIMCO CA Muniome Fund III  (NYSE:PZC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


PIMCO CA Muniome Fund III 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of PIMCO CA Muniome Fund III's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCO CA Muniome Fund III (PIMCO CA Muniome Fund III) Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO CA Muni Income Fund III operates as a closed-end management investment company. The investment objective of the fund is to seek to provide current income exempt from federal and California income tax. Its portfolio of investments includes investment in different sectors such as education, healthcare, industrial and others.
Executives
Kyle Francis Christine other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Maria Marchenko Golota officer: ASSISTANT TREASURER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner other: SEE REMARKS 650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Grace Vandecruze director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Nadia Zakir other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

PIMCO CA Muniome Fund III (PIMCO CA Muniome Fund III) Headlines