PMX News and Press, PIMCO Municipal Income Fund III of Beneficial Interest From 03/23/20

By Daryl Clements As the novel coronavirus pandemic wreaked havoc on the markets over the past month, municipal bonds initially benefited from the flight to safety that drove Treasury yields lower. But most recently, markets told a different story, as muni yields rose-and prices fell-more ...

The market is in full panic mode due to the unprecedented economic upheaval and uncertainties caused by the spread of Coronavirus. The market has swung more than 4% in either direction for eight consecutive sessions now, which is a record in itself. In response, the Fed and the government have...

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

Note: This article was released to CEF/ETF income Laboratory members on February 21, 2020. 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 diligence and...

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Author's note: This article was initially released to CEF/ETF Income Laboratory members on February 10, 2020. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus...

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In our 2020 outlook, we highlighted munis as an area that we would focus our attention on. For one, the technical backdrop of the environment still is highly favorable for owning them. In other words, the skewed supply and demand due to the SALT (state and local tax) cap and the removal of the...

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...