PIMCO California Municipal Income Fund III announced earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported net investment income of $6,176,242 against $5,246,303 a year ago. Net investment per common share was $0.29 against $0.24 a year ago. Net realized and change in unrealized loss was $4,130,579 or $0.19 per share against net realized and changes in unrealized gain of $11,183,479 or $0.52 per share a year ago.

For the six months, the company reported net investment income of $9,531,506 against $9,407,763 a year ago. Net investment per common share was $0.44 against $0.43 a year ago. Net realized and change in unrealized loss was $681,674 or $0.03 per share against net realized and changes in unrealized gain of $14,113,350 or $0.65 per share a year ago. Net investment income per common share as at March 31, 2013 was $0.2683.