PMX
PIMCO Municipal Income Fund IIIPMX
PMX
About: PIMCO Municipal Income Fund III is a closed-end management investment company. Its investment objective is to seek to provide current income exempt from federal income tax. The fund portfolio of investments consists of investments in different sectors such as transportation, healthcare, and others.
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
1.38% more ownership
Funds ownership: 24.78% [Q4 2024] → 26.16% (+1.38%) [Q1 2025]
3% more capital invested
Capital invested by funds: $61.1M [Q4 2024] → $62.8M (+$1.65M) [Q1 2025]
14% less funds holding
Funds holding: 70 [Q4 2024] → 60 (-10) [Q1 2025]
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Research analyst outlook
We haven’t received any recent analyst ratings for PMX.
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
PMX: Municipal CEF With Turnaround Potential
PMX offers tax-exempt income and diversification, but its share price and NAV have declined sharply due to elevated interest rates and aggressive leverage. The fund's high yield of 6% is under threat, as recent earnings have not covered distributions, making further dividend cuts likely to preserve NAV. PMX trades at a significant discount to NAV, which could present an opportunity if interest rates decline, but near-term catalysts are lacking.
Neutral
GlobeNewsWire
4 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Announce Shareholder Approval of Issuance of Common Shares in Proposed Reorganizations
NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- At a joint special meeting earlier today, common shareholders of each of PIMCO Municipal Income Fund II (NYSE: PML), PIMCO New York Municipal Income Fund II (NYSE: PNI) and PIMCO California Municipal Income Fund (NYSE: PCQ) (each, an “Acquiring Fund”) approved the issuance of additional common shares in connection with each of the below reorganizations, as applicable (each, a “Merger” and collectively, the “Mergers”):
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on June 2, 2025 to shareholders of record on May 12, 2025, with an ex-dividend date of May 12, 2025.
Positive
Seeking Alpha
3 months ago
2 Monthly Tax-Free Income CEFs At Attractive Discounts
Looking for places to put capital to work as income investors leaves us with many choices, depending on what type of investor you are. Municipal bonds offer tax-free income, making them attractive for high-income earners looking to minimize tax obligations. Today, we are looking at two muni-bond-focused closed-end funds, one being leveraged and a virtually non-leveraged option.
Neutral
GlobeNewsWire
3 months ago
PIMCO Closed-End Funds Announce Proposed Reorganizations
NEW YORK, April 04, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of each of the following funds has approved the following proposals to reorganize the PIMCO closed-end municipal funds (each, a “Merger” and collectively, the “Mergers”), subject to the various shareholder approvals and other contingencies described below:
Neutral
GlobeNewsWire
3 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on May 1, 2025, to shareholders of record on April 11, 2025, with an ex-dividend date of April 11, 2025.
Neutral
GlobeNewsWire
4 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on April 1, 2025 to shareholders of record on March 13, 2025, with an ex-dividend date of March 13, 2025.
Neutral
GlobeNewsWire
5 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on March 3, 2025 to shareholders of record on February 13, 2025, with an ex-dividend date of February 13, 2025.
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