Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / PMF - A Leverage Check-Up Of PIMCO Muni CEFs


PMF - A Leverage Check-Up Of PIMCO Muni CEFs

A few days ago, we discussed our leverage estimates of how three PIMCO RMBS CEFs managed through the March drawdown period. In this article, we turn our attention to another popular PIMCO trio - the national municipal funds:

  • Municipal Income Fund (PMF)
  • Municipal Income Fund II (PML)
  • Municipal Income Fund III (PMX)

All three funds appear to have cut their outstanding leverage by 16-18% with all the cuts coming from tender option bond positions. This should pressure earnings somewhat due to the drop in total assets. However, it will be partially offset by a drop

Read more ...

Stock Information

Company Name: PIMCO Municipal Income Fund
Stock Symbol: PMF
Market: NYSE

Menu

PMF PMF Quote PMF Short PMF News PMF Articles PMF Message Board
Get PMF Alerts

News, Short Squeeze, Breakout and More Instantly...