PIMCO Municipal Income Fund, PIMCO California Municipal Income Fund, PIMCO New York Municipal Income Fund Declare Monthly Common Share Income Dividends.Business Editors NEW YORK--(BUSINESS WIRE)--June 1, 2004 The Boards of Trustees of PIMCO PIMCO Pacific Investment Management Company Municipal Income Fund (NYSE NYSE See: New York Stock Exchange : PMF PMF, n.pr See proprioceptive neuromuscular facilitation. ), PIMCO California Municipal Income Fund (NYSE: PCQ PCQ Please Charleston Quietly (sign in dance halls in 1920s) PCQ Pre-Course Questionnaire PCQ Packet Classification and Queuing PCQ Performance Counter Query PCQ per Class Queuing ) and PIMCO New York Municipal Income Fund (NYSE: PNF PNF, n proprioceptive neuromuscular facilitation, a manual resistance technique that works by simulating fundamental patterns of movement, such as swimming, throwing, running, or climbing. Methods used in PNF oppose motion in multiple planes concurrently. ) (collectively, the "Funds") announced today that they have declared the following dividends on the Funds' common shares:
PIMCO Municipal Income Fund $0.08125 per common share
PIMCO California Municipal Income Fund $0.077 per common share
PIMCO New York Municipal Income Fund $0.075 per common share
The dividends will be payable on July 1, 2004 to shareholders of record on June 11, 2004, with an ex-dividend date of June 9, 2004.
At May 28, 2004, the Funds' net assets* were approximately:
(in millions)
PIMCO Municipal Income Fund $535.7
PIMCO California Municipal Income Fund $393.0
PIMCO New York Municipal Income Fund $159.6
* Net assets are inclusive of Preferred Shares of $200 million, $150
million and $63 million for the Municipal Income, California
Municipal Income and New York Municipal Income funds, respectively.
The Funds are closed-end management investment companies. The investment objective of each Fund is to provide current income exempt from federal income tax. California Municipal Income Fund also seeks to provide current income exempt from California state income taxes. New York Municipal Income Fund also seeks to provide income exempt from New York state and city income taxes. PA Fund Management LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (formerly PIMCO Advisors Fund Management LLC), an indirect, wholly-owned subsidiary of Allianz Dresdner Asset Management of America L.P., serves as the Funds' investment manager and is a member of Munich-based Allianz Group (NYSE: AZ). Pacific Investment Management Company LLC, a PA Fund Management affiliate, serves as the Funds' sub-adviser. Allianz is a leading global financial services company. The Funds' daily New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. closing prices, net asset values per share as well as other information are available at www.pimcoadvisors.com or by calling 1-800-331-1710. |
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