Ownership Action Alert: Pimco Municipal Income Fund (NYSE:PMF) Institutional Investor Sentiment Analysis

November 15, 2016 - By Hazel Jackson   ·   0 Comments

Ownership Action Alert: Pimco Municipal Income Fund (NYSE:PMF) Institutional Investor Sentiment Analysis

Sentiment for Pimco Municipal Income Fund (NYSE:PMF)

Pimco Municipal Income Fund (NYSE:PMF) institutional sentiment decreased to 0.93 in 2016 Q2. Its down -1.50, from 2.43 in 2016Q1. The ratio is negative, as 14 funds increased and started new stock positions, while 15 cut down and sold their equity positions in Pimco Municipal Income Fund. The funds in our partner’s database reported: 1.06 million shares, down from 1.33 million shares in 2016Q1. Also, the number of funds holding Pimco Municipal Income Fund in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 10 Increased: 9 New Position: 5.

PIMCO Municipal Income Fund is a diversified, closed-end management investment company. The company has a market cap of $351.35 million. The Fund’s primary investment objective is to seek current income exempt from federal income tax by investing in a portfolio of municipal bonds. It currently has negative earnings. The Fund invests approximately 90% of its net assets in municipal bonds that pay interest that is exempt from federal income tax.

About 196,828 shares traded hands or 61.75% up from the average. Pimco Municipal Income Fund (NYSE:PMF) has declined 14.13% since April 13, 2016 and is downtrending. It has underperformed by 18.05% the S&P500.

Limestone Value Partners Llc holds 0.75% of its portfolio in Pimco Municipal Income Fund for 31,600 shares. Macroview Investment Management Llc owns 9,150 shares or 0.7% of their US portfolio. Moreover, Fiduciary Financial Services Of The Southwest Inc Tx has 0.18% invested in the company for 32,763 shares. The Missouri-based Benjamin F. Edwards & Company Inc. has invested 0.11% in the stock. Buckingham Asset Management Llc, a Missouri-based fund reported 15,053 shares.#img1#

More news for Pimco Municipal Income Fund (NYSE:PMF) were recently published by: Nasdaq.com, which released: “PIMCO Municipal Income Fund III (PMX) Ex-Dividend Date Scheduled for October …” on October 10, 2016. Nasdaq.com‘s article titled: “Pimco California Municipal Income Fund II (PCK) Ex-Dividend Date Scheduled for …” and published on May 09, 2016 is yet another important article.

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By Hazel Jackson


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