PIMCO California Municipal Income Fund II reported earnings results for the first quarter ended August 31, 2013. For the quarter, the company reported net investment income of $5,673,431 or $0.18 per against $5,530,297 or $0.18 per share for the same period a year ago. Net realized and change in unrealized loss of $50,858,594 or $1.61 per share compared to net realized and change in unrealized gain of $6,768,448 or $0.21 per share for the same period last year.

Net asset value as at August 31, 2013 was $7.31 compared to $8.85 as at August 31, 2012.