PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.08 and traded as low as $8.92. PIMCO Municipal Income Fund shares last traded at $8.92, with a volume of 66,318 shares.
PIMCO Municipal Income Fund Price Performance
The stock’s fifty day simple moving average is $9.35 and its 200 day simple moving average is $9.08.
PIMCO Municipal Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Thursday, April 11th will be issued a $0.042 dividend. The ex-dividend date is Wednesday, April 10th. This represents a $0.50 dividend on an annualized basis and a yield of 5.65%.
Hedge Funds Weigh In On PIMCO Municipal Income Fund
About PIMCO Municipal Income Fund
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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