Sonya Morris Purchases 5,000 Shares of PIMCO Municipal Income Fund II (NYSE:PML) Stock

PIMCO Municipal Income Fund II (NYSE:PML) Director Sonya Morris bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were acquired at an average price of $7.48 per share, with a total value of $37,400.00. Following the completion of the transaction, the director directly owned 5,000 shares of the company’s stock, valued at $37,400. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

PIMCO Municipal Income Fund II Stock Down 0.1%

PIMCO Municipal Income Fund II stock opened at $7.35 on Monday. PIMCO Municipal Income Fund II has a 52-week low of $7.10 and a 52-week high of $8.17. The firm’s fifty day moving average is $7.69 and its 200 day moving average is $7.73.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be paid a $0.0395 dividend. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date is Thursday, March 12th.

Hedge Funds Weigh In On PIMCO Municipal Income Fund II

Several institutional investors have recently made changes to their positions in the company. Asset Dedication LLC acquired a new stake in PIMCO Municipal Income Fund II in the fourth quarter valued at approximately $26,000. Comerica Bank raised its stake in PIMCO Municipal Income Fund II by 49.7% during the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 1,446 shares during the last quarter. Global Wealth Strategies & Associates boosted its holdings in shares of PIMCO Municipal Income Fund II by 106.1% in the fourth quarter. Global Wealth Strategies & Associates now owns 5,465 shares of the investment management company’s stock valued at $41,000 after acquiring an additional 2,813 shares in the last quarter. US Bancorp DE purchased a new stake in shares of PIMCO Municipal Income Fund II in the third quarter valued at approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of PIMCO Municipal Income Fund II in the third quarter valued at about $58,000.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.