PIMCO Municipal Income Fund (PMF) shares rise above 50-day moving average, declares $0.042 monthly dividend.
PIMCO Municipal Income Fund (PMF) shares hit $9.96, exceeding their 50-day moving average of $9.47. The fund declared a monthly dividend of $0.042, payable on October 1, resulting in a $0.50 annualized dividend and a 5.11% yield. Hedge funds have adjusted positions in PMF. Meanwhile, the PIMCO Corporate & Income Opportunity Fund (PTY) announced a monthly dividend of $0.1188, while PIMCO Municipal Income Fund III (PMX) declared $0.033.
September 24, 2024
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