PIMCO Municipal Income Fund (PMF)
PIMCO Municipal Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $7.76, up 0.52% on the session, giving a market capitalisation of $203.9M. On trailing twelve-month figures it carries a trailing P/E of -55.47, a net margin of 144.7%. Its beta of 0.66 implies it has historically moved less than the broad market.
The PIMCO Municipal Income Fund is a closed-end investment vehicle specializing in fixed income. Established and overseen by Allianz Global Investors Fund Management LLC, the fund benefits from co-management by Pacific Investment Management Company LLC (PIMCO). Its investment strategy concentrates on the U.S. fixed income markets, with a primary emphasis on high-quality, investment-grade municipal bonds. Portfolio construction employs a top-down approach coupled with fundamental analysis for security selection. This analytical rigor is underpinned by extensive in-house research utilizing proprietary models. The fund was established on June 29, 2001, and is domiciled in the United States.
PIMCO Municipal Income Fund is most often compared with the following Financial Services names: