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MarketScreener Homepage  >  Equities  >  Nyse  >  PIMCO California Municipal Income Fund    PCQ

PIMCO CALIFORNIA MUNICIPAL INCOME FUND

(PCQ)
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2020PIMCO CALIFORNIA MUNICIPAL INCOME FUND : Regulation FD Disclosure (form 8-K)
AQ
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PIMCO CALIFORNIA MUNICIPAL INCOME FUND : Regulation FD Disclosure (form 8-K)

01/03/2020 | 04:58pm EST

Item 7.01 Regulation FD Disclosure.

Annual Shareholder Meeting Results:


PIMCO California Municipal Income Fund (the "Fund") held its annual meeting of
shareholders on December 17, 2019, during which shareholders voted on the
election and re-election of certain of the Fund's Trustees. The results of the
elections were certified on January 2, 2020. Common/Preferred shareholders voted
as indicated below:

Election of Trustees by Common and Preferred Shareholders of the Fund, voting
together as a single class:



                                            Affirmative         Affirmative         Withheld       Withheld Authority
                                                (#)          (as a % of common      Authority     (as a percentage of
                                                            and preferred share       (#)         common and preferred
                                                                votes cast)                        share votes cast)
Election of Sarah E. Cogan                  14,456,489            98.31%             248,764             1.69%
Class II to serve until 2022
Election of Deborah A. DeCotis              14,140,960            96.16%             564,293             3.84%
Class II to serve until 2022
Election of David N. Fisher†                14,457,363            98.31%             247,890             1.69%
Class III to serve until 2020
Election of Hans W. Kertess                 14,438,587            98.19%             266,666             1.81%

Class II to serve until 2022



Election of Trustees by Preferred Shareholders of the Fund, voting as a separate
class:



                                             Affirmative         Affirmative           Withheld       Withheld Authority
                                                 (#)         (as a % of preferred      Authority      (as a percentage of
                                                              share votes cast)           (#)        preferred share votes
                                                                                                             cast)

Election of James A. Jacobson*, **                4                  0.08%               4,390              91.59%

Election of Derrick A. Clark*                    399                 8.32%                 0                0.00%
Class II to serve until 2022


Certain other members of the Board of Trustees at the time of the meeting,
namely, Messrs. T. Matthew Buffington*, John C. Maney†, William B. Ogden, IV and
Alan Rappaport, continue to serve as Trustees. Bradford K. Gallagher, who was a
member of the Board of Trustees at the time of the meeting, retired from his
position as Trustee of the Fund, effective December 31, 2019.



* Preferred Shares Trustee

** Trustee was not elected by shareholders at the annual meeting.

† Interested Trustee

Changes to Board of Trustees:


At the Fund's annual shareholder meeting held on December 17, 2019, incumbent
Trustee James A. Jacobson was replaced on the Board by Derrick A. Clark in a
contested election for a Trustee position elected by preferred shareholders of
the Fund, voting as a separate class. Mr. Clark received the affirmative vote of
8.32% of the preferred share votes cast at the meeting. Mr. Clark was nominated
by Dryden Capital Fund, LP, Dryden Capital, LLC, and certain affiliates thereof
(collectively, "Dryden"). Dryden is a holder of Auction Rate Preferred Shares of
the Fund.

Effective December 17, 2019, the Board of Trustees appointed James A. Jacobson to the Board as a Class III Trustee to be elected by common and preferred shareholders of the Fund, voting together.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

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2020PIMCO CALIFORNIA MUNICIPAL INCOME FU : Regulation FD Disclosure (form 8-K)
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