PIMCO Municipal Income Fund is a closed-end fixed income mutual fund with a primary objective of delivering current income that is exempt from federal income tax. The fund predominantly invests in a diversified portfolio of investment-grade municipal bonds issued across the United States, with at least 90% of its net assets allocated to securities that bond counsel classify as tax-exempt at the federal level. It also permits up to 20% of total assets in bonds subject to the federal alternative minimum tax, broadening its exposure within the municipal market. Managed through in-depth fundamental analysis and proprietary models, the fund targets a steady income stream for investors seeking tax efficiency. Launched in 2001 and co-managed by leading asset managers, the fund plays a significant role for those focused on income generation and portfolio diversification through high-quality municipal securities. It has maintained a consistent focus on credit quality and sector diversity, making it a recognized vehicle for tax-advantaged income in the broader U.S. fixed income landscape.
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