Pimco Municipal Income Fund III. (PMX) NEW YORK STOCK EXCHANGE INC.

$8.89 0.10 (1.14%)

Market Cap: $294.58M

As of 06/24/22 04:00 PM EDT. Market closed.

(PMX)

Pimco Municipal Income Fund III. (PMX) NEW YORK STOCK EXCHANGE INC.

$8.89 0.10 (1.14%)

Market Cap: $294.58M

As of 06/24/22 04:00 PM EDT. Market closed.

Pimco Municipal Income Fund III seeks current income exempt from federal income tax. A tax-sensitive approach to investing can provide tangible advantages to investors seeking current income, especially those in higher tax brackets. Investing primarily in a portfolio of municipal bonds, the fund seeks to provide current income exempt from federal income tax. Under normal circumstances, the ... read more

Pimco Municipal Income Fund III seeks current income exempt from federal income tax. A tax-sensitive approach to investing can provide tangible advantages to investors seeking current income, especially those in higher tax brackets. Investing primarily in a portfolio of municipal bonds, the fund seeks to provide current income exempt from federal income tax. Under normal circumstances, the fund will invest at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal income taxes (i.e., excluded from gross income for federal income tax purposes but not necessarily exempt from the federal alternative minimum tax). The fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The fund invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality (Baa or higher by Moody’s Investors Service, Inc. (“Moody’s) or BBB or better by S&P Global Ratings (“S&P”) or Fitch, Inc. (“Fitch”)), or bonds that are unrated but determined to be of comparable quality by PIMCO. The fund may invest up to 20% of its net assets in municipal bonds that are, at the time of investment, rated Ba/BB or B by Moody’s, S&P or Fitch or lower or that are unrated but judged to be of comparable quality by PIMCO. The portfolio manager also aims to preserve and enhance the value of the fund’s holdings relative to the municipal bond market, generally, using proprietary analytical models that test and evaluate the sensitivity of those holdings to changes in interest rates and yield relationships. PIMCO is qualified to respond to recent changes in the municipal bond market, with an extensive network of credit research capabilities to address concerns about creditworthiness, which is critical to municipal bond investing. Additionally, PIMCO has the market presence to provide access to the new issue and secondary markets. read less

COMPANY PROFILE
Sector
Finance and Insurance
Industry
Securities and Commodity Exchanges
URL
Address
84 State St, Massachusetts, Boston, 02109-2202.
Sector
Finance and Insurance
Industry
Securities and Commodity Exchanges
Address
84 State St, Massachusetts, Boston, 02109-2202.
PRICE CHART
1w
1m
3m
6m
YTD
1y
5y
MAX
From: To:
NEWS
KEY STATS
Open
$8.81
Previous Close
$8.79
Days Range
$8.76 - $8.92
52 week range
$8.54 - $12.76
Volume
169,909
Avg. Volume (30 days)
129,313
Market Cap
$294.58M
Dividend Yield
6.06%
P/E
-
Shares Outstanding
33,135,961
Open
$8.81
Previous Close
$8.79
Days Range
$8.76 - $8.92
52 week range
$8.54 - $12.76
Volume
169,909
Avg. Volume (30 days)
129,313
Market Cap
$294.58M
Dividend Yield
6.06%
P/E
-
Shares Outstanding
33,135,961

Open in: SeekingAlpha Yahoo Finance Fidelity MorningStar

Open in: SeekingAlpha Yahoo Finance Fidelity MorningStar

INSIDER TRANSACTIONS FOR PIMCO MUNICIPAL INCOME FUND III
Owner Relationship Date Transaction Cost # Shares Value($) Total Shares Form 4
Cogan Sarah E Director Jun 11, 2020 Buy $11.25 1,000 11,247 1,000 Jun 12, 2020, 06:31 PM
BUFFINGTON THOMAS MATTHEW Director Jan 29, 2020 Sale $22000.00 25 550,000 0 Jan 30, 2020, 04:57 PM
GROSS WILLIAM H See Remarks Jun 09, 2014 Buy $11.05 2,712 29,964 216,467 Jun 10, 2014, 05:17 PM
GROSS WILLIAM H See Remarks Dec 13, 2010 Buy $9.47 23,503 222,573 213,755 Dec 14, 2010, 11:41 AM
GROSS WILLIAM H See Remarks Dec 10, 2010 Buy $9.75 50,000 487,470 190,252 Dec 13, 2010, 02:28 PM
GROSS WILLIAM H See Remarks Dec 09, 2010 Buy $9.85 88,156 868,275 140,252 Dec 13, 2010, 02:28 PM
GROSS WILLIAM H See Remarks Dec 08, 2010 Buy $9.75 12,096 117,936 52,096 Dec 09, 2010, 06:02 PM
Buy Sale Option Exercise
Owner Relationship Date Value($)
Cogan Sarah E Director 06/11/2020 11,247
BUFFINGTON THOMAS MATTHEW Director 01/29/2020 550,000
GROSS WILLIAM H See Remarks 06/09/2014 29,964
GROSS WILLIAM H See Remarks 12/13/2010 222,573
GROSS WILLIAM H See Remarks 12/10/2010 487,470
GROSS WILLIAM H See Remarks 12/09/2010 868,275
GROSS WILLIAM H See Remarks 12/08/2010 117,936