PIMCO Municipal Income (NYSE:PMF)
- Market Cap$395.748m
- AIC sector-
- Manager GroupPIMCO
Primary investments (at least 90%) are municipal fixed-income securities, the interest from which is exempt from federal income tax. At least 80% of the bonds are investment grade. The Fund will seek to avoid bonds generating interest potentially subjecting individuals to the alternative minimum tax. Up to 20% of the net assets may be invested in municipal bonds that are rated Ba/BB or B.