PIMCO Municipal Income Fund II $PML is Williams & Novak LLC’s 10th Largest Position

Williams & Novak LLC lessened its stake in PIMCO Municipal Income Fund II (NYSE:PML) by 17.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 339,643 shares of the investment management company’s stock after selling 71,852 shares during the quarter. PIMCO Municipal Income Fund II makes up about 1.9% of Williams & Novak LLC’s portfolio, making the stock its 10th biggest holding. Williams & Novak LLC’s holdings in PIMCO Municipal Income Fund II were worth $2,561,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Asset Dedication LLC purchased a new stake in PIMCO Municipal Income Fund II in the 4th quarter worth $26,000. Comerica Bank increased its holdings in PIMCO Municipal Income Fund II by 49.7% in the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock worth $35,000 after acquiring an additional 1,446 shares in the last quarter. Global Wealth Strategies & Associates increased its holdings in PIMCO Municipal Income Fund II by 106.1% in the 4th quarter. Global Wealth Strategies & Associates now owns 5,465 shares of the investment management company’s stock worth $41,000 after acquiring an additional 2,813 shares in the last quarter. US Bancorp DE purchased a new stake in PIMCO Municipal Income Fund II in the 3rd quarter worth $45,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in PIMCO Municipal Income Fund II during the 3rd quarter worth $58,000.

Insider Transactions at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris bought 5,000 shares of the stock in a transaction on Wednesday, March 25th. The shares were bought at an average price of $7.48 per share, with a total value of $37,400.00. Following the purchase, the director directly owned 5,000 shares in the company, valued at $37,400. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

PIMCO Municipal Income Fund II Stock Down 0.2%

Shares of PML opened at $7.54 on Friday. PIMCO Municipal Income Fund II has a 52-week low of $7.10 and a 52-week high of $8.01. The firm’s fifty day moving average is $7.56 and its two-hundred day moving average is $7.66.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be paid a dividend of $0.0395 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Monday, May 11th.

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.