PMX News and Press, PIMCO Municipal Income Fund III of Beneficial Interest From 01/17/23

Summary 21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector. Real estate and senior loans are the highest-yielding CEF sector. Author's note: This article was released to CEF/ETF...

Summary 3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut. PCQ's fall another reminder of why CEF premium/discount valuation matters. Author’s note: This article was released to CEF/ETF Income Laborato...

Summary It was only a matter of time. PIMCO's 3 national municipal bond CEFs were having some of the worst NAV performances of all muni bond CEFs over the past year. And yet, PIMCO had been maintaining their ultra-high distributions as if there was no problem. The PIMCO national mun...

PIMCO Municipal Income Fund III ( NYSE: PMX ) declares $0.033/share monthly dividend , -28.3% decrease from prior dividend of $0.046. Forward yield 4.46% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See PMX Dividend Scorecard, Yield Chart, ...

Summary I liked what I saw in PMX in both isolation and in relative terms when I covered the fund in October. Since then it has seen a healthy gain. Such super-charged returns always give me pause. In the case of this particular CEF, I see this double-digit increase as a reason for rene...

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The dis...

Summary PMX has had a rough year, markedly under-performing other muni CEFs that I follow. Given this sharp sell-off, value has started to emerge. It still trades at a premium price, but that premium is well below what its sister funds trade at. The forward yield of 7% is quit...

Summary Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationary bust one. That means adding duration and quality. What are the best...

PIMCO Municipal Income Fund III ( NYSE: PMX ) had declared $0.046/share monthly dividend , in line with previous. Payable Aug. 1; for shareholders of record July 11; ex-div July 8. See PMX Dividend Scorecard, Yield Chart, & Dividend Growth. For further de...

PMF is the PIMCO Municipal Income Fund, is the first in a series of three related national municipal bond CEFs. Since PMX started, PMF has performed better. PMX is the PIMCO Municipal Income Fund III, has provided the worst results since it started in late 2002. PML is the PIMCO M...