Media stories about Pimco Municipal Income Fund (NYSE:PMF) have been trending somewhat negative this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pimco Municipal Income Fund earned a daily sentiment score of -0.01 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.5714358278381 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Pimco Municipal Income Fund (PMF) traded down $0.08 on Monday, reaching $12.64. 13,047 shares of the company traded hands, compared to its average volume of 110,645. Pimco Municipal Income Fund has a 12 month low of $12.62 and a 12 month high of $14.53.
The firm also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Monday, February 12th will be given a $0.0597 dividend. This represents a $0.72 annualized dividend and a yield of 5.66%. The ex-dividend date is Friday, February 9th.
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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