Is the PIMCO California Municipal Income Fund dividend safe?
At risk
PIMCO California Municipal Income Fund pays 5.0% a year while carrying heavy debt.
The numbers behind it
Dividend yield5.0%
Paid out of free cash flow–
Paid out of profit41%
Debt in years of earnings7.4 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about PIMCO California Municipal Income Fund
Data as of Nov 13, 2026.