PMX
Price:
$6.68
Market Cap:
$223.35M
The PIMCO Municipal Income Fund III is a closed-ended investment vehicle managed by Pacific Investment Management Company LLC (PIMCO), concentrating on fixed-income securities. Established on October 31, 2002, and domiciled in the United States, its principal strategy involves allocating capital primarily to American municipal bonds. A key feature of these bonds is that their interest earnings are exempt from federal income tax. While predominantly focused on the domestic fixed-income market and municipal debt, the fund also seeks opportunities to invest in equities of companies operating across diverse sectors.
Industry
Asset Management - Income
IPO Date
2002-10-29
Stock Exchange
NYSE
Ticker
PMX
According to PIMCO Municipal Income Fund III’s latest financial reports and current stock price. The company's current Current Ratio is 7.92. This represents a change of 86.61% compared to the average of 4.24 of the last 4 quarters.
The mean historical Current Ratio of PIMCO Municipal Income Fund III over the last ten years is 2.67. The current 7.92 Current Ratio has changed 29.61% with respect to the historical average. Over the past ten years (40 quarters), PMX's Current Ratio was at its highest in in the June 2021 quarter at 8.71. The Current Ratio was at its lowest in in the December 2017 quarter at 0.15.
Average
2.67
Median
1.85
Minimum
0.19
Maximum
7.92
Discovering the peaks and valleys of PIMCO Municipal Income Fund III Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.53%
Maximum Annual Current Ratio = 7.92
Minimum Annual Increase = -85.95%
Minimum Annual Current Ratio = 0.19
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 7.92 | 1.53% |
| 2023 | 0.49 | -67.59% |
| 2022 | 1.50 | -65.04% |
| 2021 | 4.29 | -0.65% |
| 2020 | 4.31 | 179.58% |
| 2019 | 1.54 | -47.79% |
| 2018 | 2.96 | 37.36% |
| 2017 | 2.15 | 1.06% |
| 2016 | 0.19 | -85.95% |
| 2015 | 1.32 | -84.66% |
The current Current Ratio of PIMCO Municipal Income Fund III (PMX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.30
5-year avg
3.70
10-year avg
2.67
PIMCO Municipal Income Fund III’s Current Ratio is less than First Trust Dynamic Europe Equity Income Fund (10.20), less than Apollo Tactical Income Fund Inc. (8.00), greater than Apollo Senior Floating Rate Fund Inc. (6.08), greater than The New America High Income Fund Inc. (0.07), less than PIMCO California Municipal Income Fund II (12.05), less than Salient Select Income Fund Class C (0), less than CLS Growth and Income Fund Class N (0), greater than PIMCO California Municipal Income Fund III (0.75), greater than Allspring C&B Mid Cap Value Fund Class A (0), less than Allspring C&B Mid Cap Value Fund Admin Cl (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 10.20 | $216.95M | |
| 8.00 | $214.41M | |
| 6.08 | $231.42M | |
| 0.07 | $191.67M | |
| 12.05 | $169.97M | |
| 0 | $257.06M | |
| 0 | $206.27M | |
| 0.75 | $137.18M | |
| 0 | $201.30M | |
| 0 | $201.30M |
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