PIMCO Municipal Income Fund II (NYSE:PML) Director Sonya Morris Buys 5,000 Shares

PIMCO Municipal Income Fund II (NYSE:PML) Director Sonya Morris acquired 5,000 shares of PIMCO Municipal Income Fund II stock in a transaction on Wednesday, March 25th. The shares were bought at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the purchase, the director owned 5,000 shares of the company’s stock, valued at $37,400. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

PIMCO Municipal Income Fund II Trading Up 0.6%

PML stock opened at $7.35 on Friday. PIMCO Municipal Income Fund II has a 1 year low of $7.10 and a 1 year high of $8.17. The stock has a 50-day simple moving average of $7.69 and a 200-day simple moving average of $7.72.

PIMCO Municipal Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be issued a $0.0395 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Thursday, March 12th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Worthington Financial Partners LLC purchased a new position in shares of PIMCO Municipal Income Fund II in the fourth quarter valued at $1,511,000. Virtu Financial LLC purchased a new stake in PIMCO Municipal Income Fund II during the 4th quarter worth $1,112,000. Garton & Associates Financial Advisors LLC acquired a new position in PIMCO Municipal Income Fund II in the 4th quarter worth $59,000. XTX Topco Ltd acquired a new position in PIMCO Municipal Income Fund II in the 4th quarter worth $360,000. Finally, Readystate Asset Management LP purchased a new position in PIMCO Municipal Income Fund II in the 4th quarter valued at about $454,000.

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.