Pimco Municipal Income Fund (PMF) Receives Coverage Optimism Rating of 0.05
News coverage about Pimco Municipal Income Fund (NYSE:PMF) has trended somewhat positive on Friday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pimco Municipal Income Fund earned a news impact score of 0.05 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 47.2546922523259 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Pimco Municipal Income Fund (NYSE PMF) traded down $0.02 during trading on Friday, hitting $13.14. 78,070 shares of the stock were exchanged.
The business also recently declared a monthly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Friday, October 13th were paid a $0.0597 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date was Thursday, October 12th.
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About Pimco Municipal Income Fund
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.
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