PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid a dividend of 0.042 per share by the financial services provider on Monday, February 3rd. This represents a $0.50 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date of this dividend is Monday, January 13th.
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 NYSE:PMF opened at $8.78 on Friday. The company’s fifty day moving average price is $9.39 and its 200-day moving average price is $9.52. PIMCO Municipal Income Fund has a one year low of $8.72 and a one year high of $10.50.
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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