Pimco Municipal Income Fund Insider Purchases $626,000 in Stock (PMF)
Pimco Municipal Income Fund (NYSE:PMF) Insider William Gross acquired 50,000 shares of Pimco Municipal Income Fund stock on the open market in a transaction that occurred on Tuesday, October 22nd. The shares were purchased at an average cost of $12.52 per share, with a total value of $626,000.00. Following the transaction, the insider now directly owns 141,683 shares in the company, valued at approximately $1,773,871. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Pimco Municipal Income Fund (NYSE:PMF) traded up 1.03% during mid-day trading on Wednesday, hitting $12.72. 100,395 shares of the company’s stock traded hands. Pimco Municipal Income Fund has a 1-year low of $11.68 and a 1-year high of $16.81. The stock’s 50-day moving average is $12.02 and its 200-day moving average is $14.18.
PIMCO Municipal Income Fund (NYSE:PMF) is non-diversified, closed-end management investment company.
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