News stories about Pimco Municipal Income Fund (NYSE:PMF) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pimco Municipal Income Fund earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 47.3703932170046 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Pimco Municipal Income Fund (NYSE:PMF) traded up $0.03 on Monday, hitting $12.56. The stock had a trading volume of 34,668 shares, compared to its average volume of 99,237. Pimco Municipal Income Fund has a 12-month low of $12.41 and a 12-month high of $14.23.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Monday, March 12th will be issued a dividend of $0.0597 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $0.72 annualized dividend and a dividend yield of 5.70%.
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.