Show Summaries | Hide Summaries
Wed, Jun. 10, 12:22 PM
Fri, Apr. 10, 2:47 PM
Nov. 12, 2014, 12:55 PM
Jun. 3, 2013, 4:20 PMAnother Pimco income fund trading at a premium to NAV gets hit - today the Pimco California Municipal Income Fund II (PCK -4.9%). Today's decline still leaves it at a 12% premium to the end of May's NAV at a time when the average muni CEF is trading at discount. Three noteworthy ones: NUV, NPM, MQY. | Comment!
Mar. 28, 2013, 1:21 PMA "perfect storm" of seasonal weakness combined with investors shifting money into stocks has opened up opportunity in the municipal closed-end sector, says Jeff Margolin. Muni CEFs fell 4.5% earlier this month even as NAVs declined just 0.5%, leaving the average CEF trading at a 1.1% discount to NAV vs. what has been a 3.2% premium. | Comment!
MQY vs. ETF Alternatives
The Fund seeks to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management by investing primarily in a portfolio of long-term, high-grade mu
Other News & PR