Tender Offers for PIMCO California Flexible Municipal Income Fund

Form Type: N-23C3A

Filing Date: 2025-01-06

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525002004

Comments: On January 6, 2025, PIMCO California Flexible Municipal Income Fund announced a quarterly repurchase offer for its shares, including PFLEX and EMFLX, under Rule 23c-3. The repurchase amount is up to 5% for PFLEX and EMFLX and 10% for CAFLX and PMFLX of the shares issued and outstanding as of the Repurchase Request Deadline, which is set for February 7, 2025. The shares will be repurchased at their net asset value (NAV) determined on that date. No repurchase fee will be charged, though an early withdrawal charge may apply to certain share classes if repurchased within a year of purchase. The notice outlines the process for shareholders wishing to tender their shares and emphasizes the importance of meeting submission deadlines. Payments for shares repurchased are expected within three days after the Repurchase Pricing Date. Additionally, it is noted that this repurchase is a taxable event, and shareholders are advised to consult financial or tax advisors for implications.

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