PIMCO Municipal Income Fund (PMF)
| Market Value | 234.47M |
| Revenue (ttm) | 20.51M |
| Net Income (ttm) | 1.64M |
| Shares Out | 26.29M |
| EPS (ttm) | 0.06 |
| PE Ratio | 143.20 |
| Forward PE | n/a |
| Dividend | $0.50 (5.64%) |
| Ex-Dividend Date | Dec 12, 2024 |
| Volume | 146,227 |
| Open | 8.90 |
| Previous Close | 8.94 |
| Day's Range | 8.88 - 9.00 |
| 52-Week Range | 8.83 - 10.50 |
| Beta | 0.63 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PMF
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. The fund primarily invests in investment grade municipal bonds. It employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using pro... [Read more]
News
PIMCO CEF Update: Muni CEF Coverage Mystery Is Solved, Sort Of
PIMCO Muni CEF distribution coverage levels have sharply fallen to around 80%, correcting previously inflated figures likely due to calculation errors. Taxable PIMCO CEFs delivered strong returns, wit...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
PIMCO CEF Update: Muni Coverage And The Premium Mystery
We take a look at the PIMCO CEFs coverage, valuation, and performance. Distribution coverage for PIMCO's Muni CEFs has surged, coinciding to the retirement of auction-rate preferreds, but the increase...
PIMCO Update | Sept 2024 | Muni Coverage Jumps (Maybe), Taxables See Significant ATM Benefit
The best taxable closed-end funds are PHK, PFN, and at slightly cheaper valuations, PDI and PCN; best munis are PMF, NY funds, and PCK in CA. Distributions are safe due to funds monetizing premiums vi...
PMF: My View Is There Are Modest Returns Ahead For This Muni Fund (Rating Upgrade)
The article evaluates the PIMCO Municipal Income Fund as an investment option, highlighting its use of leverage and widening discount to NAV. I suggest that the outlook for fixed-income munis is impro...
Pimco Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution f...
3 High-Yield Dividend Traps To Avoid In 2024
Here's the thing about high-yield closed-end funds (CEFs): sometimes a CEF will seem to have all the earmarks of a terrific investment: high (and monthly) dividends, reasonable fees and reputable mana...
PMF: I Don't Trust The Recent Rally
PMF has seen a strong gain in the short term. This momentum has certainly been favorable for holders, but I'm concerned about its sustainability. Leverage costs are still a headwind going into 2024 th...
The Dirty Dozen CEFs From 2021: A Summary
In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NA...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution f...
Certain PIMCO Closed-End Funds Announce Tender Offers for Auction Rate Preferred Shares
NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income ...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 03, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
PMF: The Value Just Isn't There, Despite A Favorable Muni Backdrop
PMF: The Value Just Isn't There, Despite A Favorable Muni Backdrop.
The Month In Closed-End Funds: March 2023
For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end,...
Municipal Bond CEFs: Surprise, Surprise, PIMCO Finally Cuts Muni Bond CEF Distributions
It was only a matter of time. PIMCO's 3 national municipal bond CEFs were having some of the worst NAV performances of all muni bond CEFs over the past year. And yet, PIMCO had been maintaining their ...
PMF: PIMCO Muni Bond CEF Giving Nuveen A Challenge
The PIMCO Municipal Income Fund has provided higher return than any of the Nuveen National Muni Funds since it started in 2001. Not so much when comparing risk ratios. Started in 2001, PMF is PIMCO's ...
CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?
Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar...
PMF: Munis Have Value, But This Fund Is Short On Them At This Price
Municipal bonds had a very rough start to 2022. Fortunately, after a lot of pain, they have started to rebound. Even with the uptick in prices among many muni CEFs, there is still a lot of value out t...
PMF And PMX: Comparing 2 PIMCO Muni CEFs
PMF is the PIMCO Municipal Income Fund, is the first in a series of three related national municipal bond CEFs. Since PMX started, PMF has performed better. PMX is the PIMCO Municipal Income Fund III,...
Muni Bond CEFs: PIMCO Or Nuveen? The Choice Is Obvious In This Market Environment
I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are pr...