Pimco Municipal Three Year Return vs. One Year Return

PMF Fund  USD 9.66  0.10  1.05%   
Taking into consideration Pimco Municipal's profitability measurements, Pimco Municipal Income may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Pimco Municipal's ability to earn profits and add value for shareholders.
For Pimco Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pimco Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pimco Municipal Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pimco Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pimco Municipal Income over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Pimco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pimco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pimco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pimco Municipal Income One Year Return vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pimco Municipal's current stock value. Our valuation model uses many indicators to compare Pimco Municipal value to that of its competitors to determine the firm's financial worth.
Pimco Municipal Income is rated below average in three year return among similar funds. It is rated below average in one year return among similar funds . Comparative valuation analysis is a catch-all technique that is used if you cannot value Pimco Municipal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Pimco One Year Return vs. Three Year Return

Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Pimco Municipal

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
(5.11) %
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Pimco Municipal

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
7.88 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Pimco One Year Return Comparison

Pimco Municipal is currently under evaluation in one year return among similar funds.

Pimco Municipal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pimco Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pimco Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Pimco Municipal's change in net profit over the period of time. It can combine multiple indicators of Pimco Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in investment grade municipal bonds. It employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using proprietary models. PIMCO Municipal Income Fund was formed on June 29, 2001 and is domiciled in the United States.

Pimco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pimco Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pimco Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pimco Municipal's important profitability drivers and their relationship over time.

Use Pimco Municipal in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pimco Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pimco Municipal will appreciate offsetting losses from the drop in the long position's value.

Pimco Municipal Pair Trading

Pimco Municipal Income Pair Trading Analysis

The ability to find closely correlated positions to Pimco Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pimco Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pimco Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pimco Municipal Income to buy it.
The correlation of Pimco Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pimco Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pimco Municipal Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pimco Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Pimco Municipal position

In addition to having Pimco Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
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Other Information on Investing in Pimco Fund

To fully project Pimco Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pimco Municipal Income at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pimco Municipal's income statement, its balance sheet, and the statement of cash flows.
Potential Pimco Municipal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Pimco Municipal investors may work on each financial statement separately, they are all related. The changes in Pimco Municipal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pimco Municipal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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