PMX News and Press, PIMCO Municipal Income Fund III of Beneficial Interest From 02/21/20

Introduction A positive week for the municipal bonds and the closed-end funds that invest in them. Just a year ago, the market environment was totally different and it was possible to find many interesting buying opportunities in the area. Currently, the closed-end funds are traded at rela...

Author's note: This article was released to members on Jan. 18, 2020, and data are from that report. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due dil...

Author's note: Data in this report are from January 31, 2020. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, a...

This article was originally published a month ago - since then, the premia of both PML and PMX have reduced somewhat. In this article, we apply our relative value approach to two PIMCO national municipal bond CEFs: Municipal Income Fund II ( PML ) and Municipal Income Fund III ( PMX ). Alt...

It is hard to believe that back in the early 1980s, a US 30-Year Treasury Bond offered an almost 20% yield. In the days when inflationary pressures were roaring, a $100,000 investment in a US Treasury bond paid the holder a coupon of $20,000 each year over the thirty-year life of the fixed inc...

Note: data from this article are from January 24 th , 2020. Dear CEF/ETF Income Laboratory members, I would like to welcome the new members who have joined us recently. As a reminder, our latest portfolio updates are here: The Tactical Income-100 Portfolio - December 2019 Report...

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By Daryl Clements The outlook for the muni market is favorable for 2020, but investors should be prepared for twists and turns. Active and flexible strategies that effectively balance risk and reward as conditions evolve can help keep investors on track. Last year's municipal returns wer...

By Sheila Amoroso, Senior Vice President, Director, Municipal Bond Department, Franklin Templeton Fixed Income Group; Daniel Workman, CFA, Vice President, Portfolio Manager, Franklin Templeton Fixed Income Group; Francisco Rivera, Vice President, Municipal Bond Department, Franklin Templeton ...

Note: Data from the article are from January 10, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently concluded or upcoming corporate ac...