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PIMCO Municipal Advantage Fund
PIMCO Municipal Advantage Fund Inc. Announces Record and Payment Dates for Partial Liquidating Distribution and Terminates Monthly Dividend
NEW YORK, May 29, 2009 (GLOBE NEWSWIRE) -- PIMCO Municipal Advantage Fund Inc. (NYSE:MAF) (the "Fund") announced today that a partial liquidating distribution of $6.20 per common share will be paid on June 30, 2009, with a record date of June 26, 2009 and an ex-dividend date of June 24, 2009. This will be the first of two expected liquidating distributions of the Fund's common stock in connection with the liquidation of the Fund, which was communicated in a press release dated March 17, 2009. The number of outstanding Fund shares will not be decreased as a result of this partial liquidating distribution, which will be made entirely in cash.