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TMCNet:  Uptrend Call Working As PIMCO California Municipal Income Fund II Stock Rises 21.1% (PCK)

[January 22, 2013]

Uptrend Call Working As PIMCO California Municipal Income Fund II Stock Rises 21.1% (PCK)

Jan 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PIMCO California Municipal Income Fund II (NYSE:PCK) on February 28th, 2011 at $9.11. In approximately 23 months, PIMCO California Municipal Income Fund II has returned 21.14% as of today's recent price of $11.03.

In the past 52 weeks, shares of PIMCO California Municipal Income Fund II have traded between a low of $9.61 and a high of $11.23 and are now at $11.03, which is 15% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.

PIMCO California Municipal Income Fund II is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is to provide current income exempt from federal and California income tax. The Fund invests primarily in investment grade California municipal bonds.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PIMCO California Municipal Income Fund II shares.Log in and add PIMCO California Municipal Income Fund II (PCK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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