PIMCO Municipal Income Fund III Stock Forecast, Price & News

Wall Street analysts have given PIMCO Municipal Income Fund III a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PIMCO Municipal Income Fund III wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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PIMCO Municipal Income Fund III saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 69,600 shares, an increase of 53.6% from the February 28th total of 45,300 shares. Based on an average daily trading volume, of 48,900 shares, the short-interest ratio is presently 1.4 days.
View PIMCO Municipal Income Fund III's Short Interest.

PIMCO Municipal Income Fund III's stock was trading at $11.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PMX shares have increased by 9.5% and is now trading at $12.50.
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PIMCO Municipal Income Fund III announced a monthly dividend on Monday, April 5th. Investors of record on Monday, April 12th will be given a dividend of $0.046 per share on Monday, May 3rd. This represents a $0.55 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Friday, April 9th.
View PIMCO Municipal Income Fund III's dividend history.

PIMCO Municipal Income Fund III pays an annual dividend of $0.67 per share and currently has a dividend yield of 0.06%.
View PIMCO Municipal Income Fund III's dividend history.

Some companies that are related to PIMCO Municipal Income Fund III include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other PIMCO Municipal Income Fund III investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners (CLMT), Two Harbors Investment (TWO), BlackRock Capital Investment (BKCC), NovoCure (NVCR), Summit Midstream Partners (SMLP), Viper Energy Partners (VNOM), Roper Technologies (ROP) and New Residential Investment (NRZ).

PIMCO Municipal Income Fund III trades on the New York Stock Exchange (NYSE) under the ticker symbol "PMX."

PIMCO Municipal Income Fund III's stock is owned by many different retail and institutional investors. Top institutional shareholders include Gill Capital Partners LLC (0.00%) and AdvisorNet Financial Inc (0.00%).
View institutional ownership trends for PIMCO Municipal Income Fund III.

PMX stock was sold by a variety of institutional investors in the last quarter, including Gill Capital Partners LLC.
View insider buying and selling activity for PIMCO Municipal Income Fund III or view top insider-selling stocks.

PMX stock was purchased by a variety of institutional investors in the last quarter, including AdvisorNet Financial Inc.
View insider buying and selling activity for PIMCO Municipal Income Fund III or or view top insider-buying stocks.

Shares of PMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PMX stock can currently be purchased for approximately $12.50.

The official website for PIMCO Municipal Income Fund III is www.allianzinvestors.com.

PIMCO Municipal Income Fund III is headquartered at 1633 BROADWAY, NEW YORK, NY 10019-6708, United States.

PIMCO Municipal Income Fund III's mailing address is 1633 BROADWAY, NEW YORK, NY 10019-6708, United States. The investment management company can be reached via phone at 949-720-6000.