Pimco Municipal Income Fund (PMF) : Macroview Investment Management reduced its stake in Pimco Municipal Income Fund by 6.39% during the most recent quarter end. The investment management company now holds a total of 9,150 shares of Pimco Municipal Income Fund which is valued at $155,184 after selling 625 shares in Pimco Municipal Income Fund , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Pimco Municipal Income Fund makes up approximately 0.68% of Macroview Investment Management’s portfolio.
Other Hedge Funds, Including , Buckingham Asset Management boosted its stake in PMF in the latest quarter, The investment management firm added 220 additional shares and now holds a total of 15,053 shares of Pimco Municipal Income Fund which is valued at $255,299. Pimco Municipal Income Fund makes up approx 0.08% of Buckingham Asset Management’s portfolio.Traynor Capital Management reduced its stake in PMF by selling 10,882 shares or 13.14% in the most recent quarter. The Hedge Fund company now holds 71,946 shares of PMF which is valued at $1,209,412. Pimco Municipal Income Fund makes up approx 0.88% of Traynor Capital Management’s portfolio. Financial Architects Inc added PMF to its portfolio by purchasing 1,047 company shares during the most recent quarter which is valued at $17,600.Creative Planning reduced its stake in PMF by selling 600 shares or 20.24% in the most recent quarter. The Hedge Fund company now holds 2,364 shares of PMF which is valued at $38,982.
PIMCO Municipal Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from federal income tax by investing in a portfolio of municipal bonds. The fund normally invests at least 90% of its net assets (and at least 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax. The Fund also seeks to be alternative minimum tax (AMT)-free by avoiding bonds generating interest that may subject individuals to the AMT. The Fund’s investment portfolio includes education hospital housing industry development/pollution control lease power resource recovery special tax transportation water and sewer tobacco municipal the United States Government mortgage and emerging markets among others. Pacific Investment Management Company LLC serves as the Funds’ investment manager.