Pimco Municipal Income Fund (NYSE:PMF) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.81 and traded as low as $14.52. Pimco Municipal Income Fund shares last traded at $14.56, with a volume of 9,264 shares traded.
The company has a 50-day simple moving average of $14.81.
The business also recently announced a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Thursday, June 13th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, June 12th. This represents a $0.72 annualized dividend and a dividend yield of 4.98%.
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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