PIMCO Municipal Advantage Fund Inc. Announces the Actual Per Share Amount of the August 31, 2009 Liquidating Distribution
August 31 2009 - 1:00PM
Business Wire
PIMCO Municipal Advantage Fund Inc. (NYSE:MAF) (the “Fund”)
announced today that pursuant to the Plan of Liquidation adopted by
its Board of Directors, the second and final liquidating
distribution of $3.29232 per common share is to be paid today.
Today’s distribution will be paid to shareholders of record on
August 28, 2009. The liquidating distribution will be made entirely
in cash.
As communicated in a press release dated August 21, 2009, shares
of the Fund have ceased trading on the New York Stock Exchange as
of the close of trading on August 25, 2009. All outstanding stock
certificates are deemed null and void with the completed
dissolution of the Fund.
Allianz Global Investors Fund Management LLC, an indirect,
wholly-owned subsidiary of Allianz Global Investors of America
L.P., served as the Fund’s investment manager and is a member of
Munich-based Allianz Group (NYSE:AZ). Pacific Investment Management
Company LLC, an Allianz Global Investors Fund Management affiliate,
served as the Fund’s sub-adviser.
Information on the Fund is available at
http://www.allianzinvestors.com or by calling the Fund’s
shareholder servicing agent at (800) 254-5197.
Statements made in this release that look forward in time
involve risks and uncertainties and are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such risks and uncertainties include, without limitation,
the adverse effect from further declines in the securities markets
and in the Fund’s performance, a general downturn in the economy,
competition from other companies, changes in government policy or
regulation, inability to attract or retain key employees, inability
to implement their operating strategy and/or acquisition strategy,
and unforeseen costs and other effects related to legal proceedings
or investigations of governmental and self-regulatory
organizations.
Pimco Muni-Adv Fd (NYSE:MAF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Pimco Muni-Adv Fd (NYSE:MAF)
Historical Stock Chart
From Jul 2023 to Jul 2024