Robinson Capital Management LLC Acquires 346,632 Shares of PIMCO Municipal Income Fund II $PML

Robinson Capital Management LLC grew its holdings in PIMCO Municipal Income Fund II (NYSE:PML) by 68.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 856,682 shares of the investment management company’s stock after buying an additional 346,632 shares during the period. PIMCO Municipal Income Fund II accounts for about 2.9% of Robinson Capital Management LLC’s portfolio, making the stock its 11th biggest holding. Robinson Capital Management LLC’s holdings in PIMCO Municipal Income Fund II were worth $6,519,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arkadios Wealth Advisors acquired a new position in shares of PIMCO Municipal Income Fund II during the 1st quarter worth approximately $8,240,000. Bank of America Corp DE acquired a new stake in PIMCO Municipal Income Fund II during the 2nd quarter valued at $8,244,000. Balyasny Asset Management L.P. acquired a new stake in PIMCO Municipal Income Fund II during the 4th quarter valued at $3,604,000. Van ECK Associates Corp boosted its position in PIMCO Municipal Income Fund II by 141.8% during the third quarter. Van ECK Associates Corp now owns 791,672 shares of the investment management company’s stock worth $6,262,000 after purchasing an additional 464,270 shares during the period. Finally, Jane Street Group LLC boosted its position in PIMCO Municipal Income Fund II by 540.9% during the fourth quarter. Jane Street Group LLC now owns 348,771 shares of the investment management company’s stock worth $2,630,000 after purchasing an additional 294,356 shares during the period.

Insider Buying and Selling

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 cost of $7.50 per share, with a total value of $37,500.00. Following the acquisition, the director directly owned 10,000 shares in the company, valued at $75,000. The trade was a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

PIMCO Municipal Income Fund II Trading Down 1.4%

NYSE:PML opened at $7.12 on Thursday. The firm’s fifty day moving average price is $7.39 and its two-hundred day moving average price is $7.50. PIMCO Municipal Income Fund II has a one year low of $7.07 and a one year 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. Investors of record on Friday, September 11th will be paid a $0.0395 dividend. The ex-dividend date is Friday, September 11th. This represents a c) dividend on an annualized basis and a yield of 6.7%.

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.