PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.13 and traded as high as $9.19. PIMCO Municipal Income Fund shares last traded at $9.07, with a volume of 84,283 shares changing hands.
PIMCO Municipal Income Fund Stock Performance
The firm’s 50-day moving average is $9.13 and its 200 day moving average is $9.28.
PIMCO Municipal Income Fund Announces Dividend
The company also recently announced a monthly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 13th were issued a dividend of $0.042 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date was Thursday, June 13th.
Institutional Inflows and Outflows
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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