In a challenging market environment, PIMCO Municipal Income Fund (PMF) stock has touched a 52-week low, reaching a price level of $8.82. The fund, which maintains a notable 5.66% dividend yield and has sustained dividend payments for 25 consecutive years according to InvestingPro, currently manages $232.1 million in assets. This downturn reflects a broader trend of pressure within the fixed-income sector, as investors navigate a landscape of rising interest rates and economic uncertainty. With a beta of 0.64 and a strong current ratio of 2.85, the fund demonstrates relative stability and solid liquidity position. Over the past year, PMF has experienced volatility, though InvestingPro analysis reveals several additional key metrics and insights available to subscribers. This latest price point serves as a critical marker for PMF, as stakeholders and analysts assess the fund's performance and future prospects in a rapidly evolving financial climate.
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