Pimco Municipal Income Fund (NYSE:PMF)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.76 and traded as low as $14.75. Pimco Municipal Income Fund shares last traded at $14.80, with a volume of 18,600 shares.
The firm’s 50-day moving average price is $14.78 and its 200 day moving average price is $14.58.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be given a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 4.86%. The ex-dividend date of this dividend is Thursday, September 12th.
Pimco Municipal Income Fund Company Profile (NYSE:PMF)
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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