CAFMX

About CAFMX

PIMCO California Flexible Municipal Income Fund Class A-1 is a mutual fund that focuses on generating high current income exempt from both federal and California state income taxes. The fund primarily invests in a diversified portfolio of municipal securities issued by California state and local governments, as well as related entities. Its investment approach emphasizes flexibility, allowing it to dynamically allocate assets among various municipal market sectors, credit qualities, and maturities to optimize tax-exempt income generation and manage risk. Managed by PIMCO, a leader in active fixed-income management, the fund also seeks capital appreciation as a secondary objective. The fund is designed for investors seeking tax-advantaged income, particularly those residing in California, and plays a role in the broader bond market by providing liquidity and funding for public infrastructure and services. With its focus on tax efficiency and diversification within the California municipal bond market, the fund serves as a specialized component in income-oriented and tax-sensitive investment portfolios.