Robinson Capital Management LLC Has $6.52 Million Stock Holdings in PIMCO Municipal Income Fund II $PML

Robinson Capital Management LLC raised its position in PIMCO Municipal Income Fund II (NYSE:PML) by 68.0% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 856,682 shares of the investment management company’s stock after acquiring an additional 346,632 shares during the period. PIMCO Municipal Income Fund II comprises 2.9% of Robinson Capital Management LLC’s portfolio, making the stock its 11th biggest position. Robinson Capital Management LLC’s holdings in PIMCO Municipal Income Fund II were worth $6,519,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of PML. Arkadios Wealth Advisors acquired a new position in PIMCO Municipal Income Fund II during the first quarter worth $8,240,000. Bank of America Corp DE acquired a new stake in PIMCO Municipal Income Fund II in the 2nd quarter valued at $8,244,000. Balyasny Asset Management L.P. acquired a new stake in PIMCO Municipal Income Fund II in the 4th quarter valued at $3,604,000. Van ECK Associates Corp lifted its position in PIMCO Municipal Income Fund II by 141.8% during the 3rd quarter. Van ECK Associates Corp now owns 791,672 shares of the investment management company’s stock worth $6,262,000 after buying an additional 464,270 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in PIMCO Municipal Income Fund II by 540.9% during the 4th quarter. Jane Street Group LLC now owns 348,771 shares of the investment management company’s stock worth $2,630,000 after buying an additional 294,356 shares in the last quarter.

Insider Buying and Selling at PIMCO Municipal Income Fund II

In related news, Director Sonya Morris purchased 5,000 shares of the stock in a transaction on Tuesday, July 21st. The shares were purchased at an average price of $7.50 per share, with a total value of $37,500.00. Following the transaction, the director directly owned 10,000 shares of the company’s stock, valued at $75,000. This trade represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

PIMCO Municipal Income Fund II Stock Down 1.4%

NYSE:PML opened at $7.12 on Thursday. The stock’s 50-day simple moving average is $7.39 and its 200 day simple moving average is $7.50. PIMCO Municipal Income Fund II has a 52-week low of $7.07 and a 52-week high of $8.01.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be paid a $0.0395 dividend. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, September 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.