Pimco Municipal Income Fund (NYSE:PMF) declared a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.06 per share by the financial services provider on Monday, December 2nd. This represents a $0.72 annualized dividend and a dividend yield of 4.69%. The ex-dividend date is Friday, November 8th.
Shares of NYSE:PMF traded up $0.22 during trading on Wednesday, hitting $15.35. 487 shares of the company were exchanged, compared to its average volume of 55,406. The business’s 50 day moving average is $15.04 and its 200-day moving average is $14.77. Pimco Municipal Income Fund has a 1-year low of $12.17 and a 1-year high of $15.45.
About Pimco Municipal Income Fund
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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