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0.00153139356814698 0.00153139356814698 7.65696784071722E-06 0.000765696784073491 0 -0.00151607963246555 -0.00151607963246555 -0.0013935681470138
Stock impact report

PIMCO Municipal Closed-End Funds Announce Change to Non-Fundamental Investment Policy

PIMCO Municipal Income Fund (PMF) 
Company Research Source: GlobeNewswire
NEW YORK, June 15, 2018 (GLOBE NEWSWIRE) -- PIMCO Municipal Income Fund (NYSE:PMF), PIMCO Municipal Income Fund II (NYSE:PML), PIMCO Municipal Income Fund III (NYSE:PMX), PIMCO New York Municipal Income Fund (NYSE:PNF), PIMCO New York Municipal Income Fund II (NYSE:PNI), PIMCO New York Municipal Income Fund III (NYSE:PYN), PIMCO California Municipal Income Fund (NYSE:PCQ), PIMCO California Municipal Income Fund II (NYSE:PCK) and PIMCO California Municipal Income Fund III (NYSE:PZC) (each, a “Fund” and, collectively, the “Funds”), announced that, effective July 16, 2018, the Funds will rescind the following non-fundamental investment policy relating to residual interest bonds, also known as tender option bonds, or “TOBs” (the “TOB Policy”): The Fund may also invest up to 15% of its total assets in Residual Interest Municipal Bonds (RIBS). Pacific Investment Management Company LLC (“PIMCO”), the Fund’s investment manager, recommended the proposed changes to the Fund’s Board of Trust Show less Read more
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