PMX News and Press, PIMCO Municipal Income Fund III of Beneficial Interest From 09/06/20

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Written by Nick Ackerman, co-produced by Stanford Chemist Municipal bond funds are a great way to gain exposure to a diversified portfolio of these fixed-income assets. These assets provide a safer income, second only to U.S. treasuries for those that live in the U.S. The primary driver ...

PIMCO Municipal Income Fund III (NYSE: PMX ) declares $0.046/share monthly dividend , in line with previous. Forward yield 4.73% Payable Sept. 1; for shareholders of record Aug. 13; ex-div Aug. 12. See PMX Dividend Scorecard, Yield Chart, & Dividend Growth. More news on: ...

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With the release of June PIMCO coverage figures we take a look at recent trends. Over the month municipal CEFs have increased 6-month rolling distribution coverage by 3%, rising to 95% on average. Sharp falls in leverage costs to rockbottom levels have supported municipal fund earnings. Taxabl...

There's no way to overstate just how much the COVID-19 pandemic has disrupted our daily lives and the broader economy - and the municipal market is no exception. To take stock of where the muni market is now and what we should look for going forward, we turned to Baird Municipal Analyst Mike S...

Of all of the Fixed-Income markets, Municipals are the most disjointed. Yes, there are some large state issues, where liquidity can be found, but there are also very small issues, from small municipalities, that are not only general obligation bonds but also revenue bonds from school districts...

I make no political comment. None, as in Zero. My attention is fully focused on the markets and what is driving them, as we proceed through our hectic summer. It is clear to me, in this pursuit, that certain actions are pushing the markets one way and another, fiercely, depending upon the surg...

By John R. Mousseau, CFA As we come to the end of the second quarter of 2020, the pandemic is still with us, with cases are rising in the South and the West in a resurgence of the virus, amid further issues involving social unrest. Today, we take a look at the tax-free municipal bond marke...