PIMCO Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from federal income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax. The Fund also seeks to be alternative minimum tax (AMT)-free by avoiding bonds generating interest that may subject individuals to the AMT. Pacific Investment Management Company LLC serves as the Fund's investment manager.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:PMF
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $14.03
- 200 Day Moving Avg: $13.64
- 52 Week Range: $12.74 - $16.95
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Average Volume: 49,202 shs.
Frequently Asked Questions for Pimco Municipal Income Fund (NYSE:PMF)
What is Pimco Municipal Income Fund's stock symbol?
Pimco Municipal Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "PMF."
How often does Pimco Municipal Income Fund pay dividends? What is the dividend yield for Pimco Municipal Income Fund?
Pimco Municipal Income Fund announced a monthly dividend on Thursday, September 7th. Stockholders of record on Monday, September 11th will be given a dividend of $0.0597 per share on Monday, October 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date is Friday, September 8th. View Pimco Municipal Income Fund's Dividend History.
Who are some of Pimco Municipal Income Fund's key competitors?
Some companies that are related to Pimco Municipal Income Fund include Prospect Capital Corporation (PSEC), 3i Infrastructure PLC (3IN), FS Investment Corporation (FSIC), Tortoise Energy Infrastructure Corporation (TYG), TPG Specialty Lending (TSLX), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Hercules Capital (HTGC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), PennantPark Investment Corporation (PNNT), PennantPark Floating Rate Capital (PFLT), Foresight Solar Fund Ltd (FSFL), Fidus Investment Corporation (FDUS), Eagle Point Credit Company (ECC) and TICC Capital Corp. (TICC).
Who are Pimco Municipal Income Fund's key executives?
Pimco Municipal Income Fund's management team includes the folowing people:
- Hans W. Kertess, Independent Chairman of the Board of Trustees
- Peter G. Strelow, President
- Youse E. Guia, Chief Compliance Officer
- Joshua D. Ratner, Vice President, Secretary, Chief Legal Officer
- Stacie D. Anctil, Vice President
- Eric D. Johnson, Vice President
- William G. Galipeau, Treasurer
- Erik C. Brown, Assistant Treasurer
- Jason Jordan Nagler, Assistant Treasurer
- Trent W. Walker, Assistant Treasurer
Who owns Pimco Municipal Income Fund stock?
Pimco Municipal Income Fund's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Robinson Capital Management LLC (0.00%), Royal Bank of Canada (0.00%), Traynor Capital Management Inc. (0.20%), Benjamin F. Edwards & Company Inc. (0.00%), Van ECK Associates Corp (0.14%) and Fiduciary Financial Services of The Southwest Inc. TX (0.12%). View Institutional Ownership Trends for Pimco Municipal Income Fund.
Who sold Pimco Municipal Income Fund stock? Who is selling Pimco Municipal Income Fund stock?
Pimco Municipal Income Fund's stock was sold by a variety of institutional investors in the last quarter, including Traynor Capital Management Inc., Doliver Capital Advisors LP, Benjamin F. Edwards & Company Inc., Bank of New York Mellon Corp, Private Advisor Group LLC, Raymond James Financial Services Advisors Inc., Advisor Group Inc. and Fiduciary Financial Services of The Southwest Inc. TX. View Insider Buying and Selling for Pimco Municipal Income Fund.
Who bought Pimco Municipal Income Fund stock? Who is buying Pimco Municipal Income Fund stock?
Pimco Municipal Income Fund's stock was purchased by a variety of institutional investors in the last quarter, including Robinson Capital Management LLC, Susquehanna International Group LLP, Northwestern Mutual Wealth Management Co., Royal Bank of Canada, Van ECK Associates Corp, Stifel Financial Corp, Buckingham Asset Management LLC and Hudock Capital Group LLC. View Insider Buying and Selling for Pimco Municipal Income Fund.
How do I buy Pimco Municipal Income Fund stock?
Shares of Pimco Municipal Income Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pimco Municipal Income Fund's stock price today?
MarketBeat Community Rating for Pimco Municipal Income Fund (NYSE PMF)MarketBeat's community ratings are surveys of what our community members think about Pimco Municipal Income Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Pimco Municipal Income Fund stock can currently be purchased for approximately $13.94.
Consensus Ratings for Pimco Municipal Income Fund (NYSE:PMF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Pimco Municipal Income Fund (NYSE:PMF)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Pimco Municipal Income Fund (NYSE:PMF)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Pimco Municipal Income Fund (NYSE:PMF)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Pimco Municipal Income Fund (NYSE:PMF)
|Dividend Growth:||-2.90% (3 Year Average)|
Dividend History by Quarter for Pimco Municipal Income Fund (NYSE PMF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Pimco Municipal Income Fund (NYSE:PMF)Insider Trades by Quarter for Pimco Municipal Income Fund (NYSE:PMF)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/10/2015||William B Iv Ogden||Director||Buy||3,750||$14.72||$55,200.00|| |
|6/13/2014||William H Gross||Insider||Buy||7,727||$14.25||$110,109.75|| |
|6/6/2014||William H Gross||Insider||Buy||34,033||$14.15||$481,566.95|| |
|5/20/2014||William H Gross||Insider||Buy||30,681||$14.40||$441,806.40|| |
|5/16/2014||William H Gross||Insider||Buy||9,609||$14.26||$137,024.34|| |
|5/15/2014||William H Gross||Insider||Buy||14,800||$14.16||$209,568.00|| |
|5/14/2014||William H Gross||Insider||Buy||19,047||$14.10||$268,562.70|| |
|5/13/2014||William H Gross||Insider||Buy||16,900||$13.99||$236,431.00|| |
|5/8/2014||William H Gross||Insider||Buy||65,433||$14.21||$929,802.93|| |
|5/7/2014||William H Gross||Insider||Buy||47,782||$14.04||$670,859.28|| |
|5/6/2014||William H Gross||Insider||Buy||82,251||$13.95||$1,147,401.45|| |
|10/22/2013||William H Gross||Insider||Buy||50,000||$12.52||$626,000.00|| |
|10/21/2013||William H Gross||Insider||Buy||14,709||$12.50||$183,862.50|| |
Headline Trends for Pimco Municipal Income Fund (NYSE:PMF)
Latest Headlines for Pimco Municipal Income Fund (NYSE:PMF)
Pimco Municipal Income Fund (PMF) Chart for Saturday, September, 23, 2017