Media coverage about Pimco Municipal Income Fund (NYSE:PMF) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pimco Municipal Income Fund earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.109465760692 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Pimco Municipal Income Fund (NYSE:PMF) opened at 14.0899 on Friday. The stock has a 50 day moving average price of $14.00 and a 200 day moving average price of $13.61. Pimco Municipal Income Fund has a one year low of $12.74 and a one year high of $16.95.
The business also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Monday, September 11th will be given a dividend of $0.0597 per share. The ex-dividend date is Friday, September 8th. This represents a $0.72 annualized dividend and a dividend yield of 5.08%.
About Pimco Municipal Income Fund
PIMCO Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax.
Receive News & Ratings for Pimco Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pimco Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.