PIMCO Municipal Income Fund (PMF)

NYSE: PMF · Real-Time Price · USD
10.02
+0.07 (0.70%)
Nov 8, 2024, 4:00 PM EST - Market closed
0.70%
Market Value 263.38M
Revenue (ttm) 20.51M
Net Income (ttm) 1.64M
Shares Out 26.29M
EPS (ttm) 0.06
PE Ratio 160.50
Forward PE n/a
Dividend $0.50 (5.03%)
Ex-Dividend Date Nov 12, 2024
Volume 25,582
Open 9.97
Previous Close 9.95
Day's Range 9.97 - 10.09
52-Week Range 8.44 - 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]

Sector Financials
Founded 2001
Country United States
Stock Exchange NYSE
Ticker Symbol PMF
Full Company Profile

News

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Nov. 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 fo...

Other symbols: PAXSPCKPCMPCNPCQPDIPDO
7 days ago - GlobeNewsWire

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...

Other symbols: NADPDOPDXPGPPHKPMLPMX
23 days ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCNPDIPFNPHKPNF
5 weeks ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCMPCNPCQPDIPDO
9 months ago - GlobeNewsWire

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...

Other symbols: BHKMIN
10 months ago - Forbes

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCMPCNPCQPDIPDO
1 year ago - GlobeNewsWire

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 ...

Other symbols: PCKPCNPCQPFLPFNPHKPML
1 year ago - GlobeNewsWire

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...

Other symbols: PAXSPCKPCMPCNPCQPDIPDO
1 year ago - GlobeNewsWire

PMF: The Value Just Isn't There, Despite A Favorable Muni Backdrop

PMF: The Value Just Isn't There, Despite A Favorable Muni Backdrop.

1 year ago - Seeking Alpha

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,...

Other symbols: ASAEDDEOSGGNGNTPCKPML
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: March 12, 2023

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

1 year ago - Seeking Alpha

PIMCO Muni CEFs (Finally) Re-Rate For The New Environment

PIMCO finally did it. They chopped the muni CEF distribution by up to 45%. PCQ was the biggest risk as it was trading at a ridiculous 45% premium to NAV going into the cut.

Other symbols: PAXSPCKPCQPMLPTYPYNPZC
1 year ago - Seeking Alpha

PIMCO California Muni CEFs Teach A Lesson On Valuation

PIMCO California muni funds teach a lesson on CEF valuation. The most expensive fund declined by the most after the cut.

Other symbols: PCKPCQPMLPMXPNFPNIPYN
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: January 8, 2023

21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.

Other symbols: ACPAGDASGIBSTBUIDSLEDF
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: PIMCO Muni CEF Distribution Cuts (January 1, 2023)

3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

Other symbols: ACPAGDASGIBDJCHYETVGCV
1 year ago - Seeking Alpha

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 ...

Other symbols: MYIPMLPMX
2 years ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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,...

Other symbols: PMX
2 years ago - Seeking Alpha

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...

Other symbols: NADNEANVGNZFPMLPMX
2 years ago - Seeking Alpha

PIMCO CEFs Update: The Merger Is Nearly Complete As Buying Opportunities Are All Around

Right now is one of the best times to get into what is typically thought of as the best-in-breed of the CEF world.

Other symbols: PDIPDOPFLPFNPHKPMLPMX
3 years ago - Seeking Alpha