PMFLX·NASDAQ
This specialized, non-diversified closed-end interval fund primarily aims to deliver substantial current income free from U.S. federal income tax, with capital appreciation serving as a secondary objective. It allocates a minimum of 80% of its assets to municipal debt, encompassing higher-yielding options, and may strategically employ financial leverage and preferred securities to enhance its income generation. Investors are provided with quarterly opportunities to tender their shares back to the fund.
This specialized, non-diversified closed-end interval fund primarily aims to deliver substantial current income free from U.S. federal income tax, with capital appreciation serving as a secondary objective. It allocates a minimum of 80% of its assets to municipal debt, encompassing higher-yielding options, and may strategically employ financial leverage and preferred securities to enhance its income generation. Investors are provided with quarterly opportunities to tender their shares back to the fund.