About the Company
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.
Exchange
NEW YORK STOCK EXCHANGE INC.
Website
www.pimco.com/en-us/investments/closed-end-funds/municipal-income-fund-iii
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $PMX News
PIMCO Municipal Income III PMX
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PIMCO California Municipal Income Fund III (PZC)
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PIMCO New York Municipal Income Fund III (PYN)
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Allianz Asset Management of America L.P.'s Net Worth
PIMCO MUNICIPAL INCOME FUND III, NICHOLAS APPLEGATE CONVERTIBLE & INCOME FUND II, PIMCO CALIFORNIA MUNICIPAL INCOME FUND III, PIMCO CALIFORNIA MUNICIPAL INCOME FUND, PIMCO MUNICIPAL INCOME FUND ...
PMF: My View Is There Are Modest Returns Ahead For This Muni Fund (Rating Upgrade)
Check here to learn more about PIMCO Municipal Income Fund (PMF) as an investment option, highlighting leverage use and ...
PIMCO California Municipal Income Fund (PCQ)
PCK), PIMCO California Municipal Income Fund III (NYSE: PZC), PIMCO Municipal Income Fund (NYSE: PMF), PIMCO Municipal Income Fu ...
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund declares monthly distribution of $0.1420
PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (NYSEARCA:MINO) - $0.1420. Payable Apr 04; for shareholders of record Apr 02; ex-div Apr 01. Seeking Alpha’s Quant Rating on ...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
$0.029500 - - PIMCO Municipal Income Fund III (NYSE: PMX) $0.033000 - - PIMCO California Municipal Income Fund III (NYSE: PZC) $0.029500 - - PIMCO New York Municipal Income Fund III (NYSE ...
PIMCO New York Municipal Income Fund II declares $0.0295 dividend
PIMCO New York Municipal Income Fund II (NYSE:PNI) declares $0.0295/share monthly dividend, in line with previous. Forward yield 4.8% Payable May 1; for shareholders of record April 11 ...
Pimco Municipal Income Fund III
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PIMCO Municipal Income Fund III (PMX)
Get details on the PIMCO Municipal Income Fund III dividend history and find the PMX next ex-dividend date. The PIMCO Municipal Income Fund III dividend payment date and dividend yield can also be ...
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