Sonya Morris Buys 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 stock in a transaction on Tuesday, July 21st. The stock was purchased at an average price of $7.50 per share, for a total transaction of $37,500.00. Following the purchase, the director directly owned 10,000 shares of the company’s stock, valued at approximately $75,000. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

PIMCO Municipal Income Fund II Trading Down 0.1%

Shares of PIMCO Municipal Income Fund II stock opened at $7.33 on Thursday. PIMCO Municipal Income Fund II has a 52-week low of $7.10 and a 52-week high of $8.01. The stock has a 50-day simple moving average of $7.50 and a 200-day simple moving average of $7.58.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 13th will be given a dividend of $0.0395 per share. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Monday, July 13th.

Institutional Trading of PIMCO Municipal Income Fund II

Several large investors have recently added to or reduced their stakes in PML. Captrust Financial Advisors raised its holdings in shares of PIMCO Municipal Income Fund II by 0.5% during the 4th quarter. Captrust Financial Advisors now owns 283,257 shares of the investment management company’s stock valued at $2,136,000 after purchasing an additional 1,426 shares in the last quarter. Comerica Bank boosted its holdings in PIMCO Municipal Income Fund II by 49.7% in the first quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock worth $35,000 after purchasing an additional 1,446 shares in the last quarter. Wakefield Asset Management LLLP boosted its holdings in PIMCO Municipal Income Fund II by 0.7% in the fourth quarter. Wakefield Asset Management LLLP now owns 214,566 shares of the investment management company’s stock worth $1,618,000 after purchasing an additional 1,541 shares in the last quarter. Novem Group increased its position in PIMCO Municipal Income Fund II by 6.5% during the fourth quarter. Novem Group now owns 34,233 shares of the investment management company’s stock worth $258,000 after buying an additional 2,098 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in PIMCO Municipal Income Fund II by 6.6% during the fourth quarter. MML Investors Services LLC now owns 34,365 shares of the investment management company’s stock valued at $259,000 after buying an additional 2,113 shares in the last quarter.

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.