PIMCO Municipal Income Fund II (NYSE:PML) Short Interest Update

PIMCO Municipal Income Fund II (NYSE:PML) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 284,228 shares, a growth of 82.9% from the March 15th total of 155,405 shares. Based on an average daily volume of 397,378 shares, the short-interest ratio is presently 0.7 days.

Insider Activity at PIMCO Municipal Income Fund II

In other PIMCO Municipal Income Fund II news, Director Sonya Morris purchased 5,000 shares of the stock in a transaction dated Wednesday, March 25th. The shares were bought at an average cost of $7.48 per share, with a total value of $37,400.00. Following the completion of the acquisition, the director owned 5,000 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors grew its holdings in PIMCO Municipal Income Fund II by 0.5% during the fourth quarter. Captrust Financial Advisors now owns 283,257 shares of the investment management company’s stock worth $2,136,000 after acquiring an additional 1,426 shares during the period. 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. Wakefield Asset Management LLLP grew its holdings in PIMCO Municipal Income Fund II by 0.7% during the fourth quarter. Wakefield Asset Management LLLP now owns 214,566 shares of the investment management company’s stock worth $1,618,000 after acquiring an additional 1,541 shares during the period. RFG Advisory LLC grew its holdings in PIMCO Municipal Income Fund II by 13.5% during the third quarter. RFG Advisory LLC now owns 17,002 shares of the investment management company’s stock worth $134,000 after acquiring an additional 2,026 shares during the period. Finally, Novem Group grew its holdings 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 acquiring an additional 2,098 shares during the period.

PIMCO Municipal Income Fund II Stock Up 0.1%

NYSE:PML opened at $7.59 on Monday. The business’s 50-day moving average price is $7.67 and its 200 day moving average price is $7.71. PIMCO Municipal Income Fund II has a 52-week low of $7.10 and a 52-week high of $8.01.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 1st. Investors of record on Monday, April 13th will be issued a dividend of $0.0395 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Monday, April 13th.

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.