Worthington Financial Partners LLC Purchases Shares of 200,362 PIMCO Municipal Income Fund II $PML

Worthington Financial Partners LLC purchased a new stake in shares of PIMCO Municipal Income Fund II (NYSE:PML) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 200,362 shares of the investment management company’s stock, valued at approximately $1,511,000. PIMCO Municipal Income Fund II accounts for about 1.3% of Worthington Financial Partners LLC’s investment portfolio, making the stock its 22nd biggest position.

Several other hedge funds also recently modified their holdings of PML. Asset Dedication LLC acquired a new stake in shares of PIMCO Municipal Income Fund II in the fourth quarter valued at $26,000. Comerica Bank grew its holdings in PIMCO Municipal Income Fund II by 49.7% during the first 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 during the period. Global Wealth Strategies & Associates grew its holdings in PIMCO Municipal Income Fund II by 106.1% during the fourth 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 during the period. US Bancorp DE bought a new stake in PIMCO Municipal Income Fund II in the third quarter worth about $45,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in PIMCO Municipal Income Fund II in the third quarter worth about $58,000.

Insider Activity at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was acquired at an average cost of $7.48 per share, with a total value of $37,400.00. Following the completion of the purchase, the director directly owned 5,000 shares in the company, valued at approximately $37,400. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

PIMCO Municipal Income Fund II Price Performance

Shares of NYSE PML opened at $7.57 on Friday. PIMCO Municipal Income Fund II has a twelve month low of $7.10 and a twelve month high of $8.01. The firm has a 50-day moving average of $7.51 and a two-hundred day moving average of $7.59.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be issued a $0.0395 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Thursday, June 11th.

PIMCO Municipal Income Fund II Profile

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.