Pimco Municipal Income Fund (NYSE:PMF) Stock Price Crosses Above Fifty Day Moving Average of $15.28
Pimco Municipal Income Fund (NYSE:PMF) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $15.28 and traded as high as $15.30. Pimco Municipal Income Fund shares last traded at $15.30, with a volume of 56,897 shares trading hands.
The firm has a 50 day moving average of $15.30 and a 200-day moving average of $15.09.
The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 13th will be paid a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Wednesday, February 12th.
About Pimco Municipal Income Fund (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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