PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.042 per share by the financial services provider on Monday, June 3rd. This represents a $0.50 annualized dividend and a yield of 5.47%. The ex-dividend date is Friday, May 10th.
PIMCO Municipal Income Fund has decreased its dividend by an average of 8.0% per year over the last three years.
PIMCO Municipal Income Fund Price Performance
Shares of PMF opened at $9.21 on Wednesday. The firm has a fifty day moving average of $9.23 and a 200-day moving average of $9.16. PIMCO Municipal Income Fund has a 1 year low of $7.69 and a 1 year high of $10.48.
PIMCO Municipal Income Fund Company Profile
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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