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PIMCO Municipal Income Fund III Downgraded Amid Performance Concerns
ByAinvest
Tuesday, Jan 28, 2025 3:18 am ET1min read
PIMCO Municipal Income Fund III (PMX) has underperformed and is expected to continue doing so in 2025. The fund's rating is being downgraded due to its subpar performance. The article evaluates the investment option at its current market price, considering various factors such as fund performance, interest rates, and market conditions.
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