PIMCO Municipal Income Fund Past Earnings Performance
Past criteria checks 1/6
PIMCO Municipal Income Fund's earnings have been declining at an average annual rate of -41.2%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 6.6% per year. PIMCO Municipal Income Fund's return on equity is 6.8%, and it has net margins of 84.8%.
Key information
-41.2%
Earnings growth rate
-41.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -6.6% |
| Return on equity | 6.8% |
| Net Margin | 84.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
PMF: My View Is There Are Modest Returns Ahead For This Muni Fund (Rating Upgrade)
Apr 06PMF: I Don't Trust The Recent Rally
Dec 04PIMCO Municipal Income Fund declares $0.042 dividend
Feb 09PIMCO Municipal Income Fund decreases monthly dividend by -22.2% to $0.042/share
Jan 04PIMCO Municipal Income Fund declares $0.054 dividend
Dec 08PIMCO Municipal Income Fund declares $0.054 dividend
Nov 04PIMCO Municipal Income Fund declares $0.054 dividend
Oct 03PIMCO Municipal Income Fund declares $0.054 dividend
Sep 02PMF: Munis Have Value, But This Fund Is Short On It At This Price
Aug 20PIMCO Municipal Income Fund declares $0.054 dividend
Aug 02PMF And PMX: Comparing 2 PIMCO Muni CEFs
Jun 30PMF: Cheaper Than Its Sister Funds, But Still Hard To Justify
Aug 17PIMCO Municipal Income Fund declares $0.054 dividend
May 07PIMCO Municipal Income Fund declares $0.054 dividend
Feb 04PMF: Bull Case Can Be Made, But It Is Dependent On More Stimulus
Dec 31PIMCO Municipal Income Fund declares $0.08 dividend
Dec 08PIMCO Municipal Income Fund declares $0.054 dividend
Dec 02PIMCO Municipal Income Fund declares $0.054 dividend
Nov 04Revenue & Expenses BreakdownBeta
How PIMCO Municipal Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 21 | 18 | 3 | 0 |
| 30 Sep 23 | 21 | 9 | 3 | 0 |
| 30 Jun 23 | 22 | 1 | 3 | 0 |
| 31 Mar 23 | 22 | -41 | 3 | 0 |
| 31 Dec 22 | 22 | -83 | 4 | 0 |
| 30 Sep 22 | 23 | -75 | 4 | 0 |
| 30 Jun 22 | 23 | -67 | 4 | 0 |
| 31 Mar 22 | 23 | -24 | 4 | 0 |
| 31 Dec 21 | 23 | 20 | 4 | 0 |
| 30 Sep 21 | 23 | 29 | 4 | 0 |
| 30 Jun 21 | 23 | 38 | 4 | 0 |
| 31 Mar 21 | 24 | 27 | 4 | 0 |
| 31 Dec 20 | 24 | 15 | 4 | 0 |
| 30 Sep 20 | 25 | 11 | 4 | 0 |
| 30 Jun 20 | 26 | 7 | 4 | 0 |
| 31 Mar 20 | 27 | 25 | 4 | 0 |
| 31 Dec 19 | 27 | 44 | 4 | 0 |
| 30 Sep 19 | 28 | 37 | 4 | 0 |
| 30 Jun 19 | 29 | 30 | 4 | 0 |
| 31 Mar 19 | 29 | 16 | 4 | 0 |
| 31 Dec 18 | 29 | 2 | 4 | 0 |
| 30 Sep 18 | 28 | 7 | 4 | 0 |
| 30 Jun 18 | 28 | 12 | 4 | 0 |
| 31 Mar 18 | 28 | 21 | 4 | 0 |
| 31 Dec 17 | 28 | 30 | 4 | 0 |
| 30 Sep 17 | 28 | 12 | 4 | 0 |
| 30 Jun 17 | 28 | -6 | 4 | 0 |
| 31 Mar 17 | 28 | -1 | 4 | 0 |
| 31 Dec 16 | 27 | 4 | 4 | 0 |
| 31 Dec 15 | 29 | 29 | 4 | 0 |
| 31 Oct 15 | 29 | 23 | 4 | 0 |
| 31 Jul 15 | 28 | 31 | 4 | 0 |
| 30 Apr 15 | 28 | 39 | 4 | 0 |
| 31 Jan 15 | 28 | 49 | 4 | 0 |
| 31 Oct 14 | 28 | 59 | 4 | 0 |
| 31 Jul 14 | 28 | 27 | 4 | 0 |
| 30 Apr 14 | 28 | -5 | 4 | 0 |
| 31 Jan 14 | 28 | -14 | 4 | 0 |
| 31 Oct 13 | 28 | -23 | 4 | 0 |
| 31 Jul 13 | 28 | 11 | 4 | 0 |
Quality Earnings: PMF has a large one-off gain of $11.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PMF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PMF's earnings have declined by 41.2% per year over the past 5 years.
Accelerating Growth: PMF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PMF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: PMF's Return on Equity (6.8%) is considered low.