Envestnet Asset Management Inc. Grows Stock Holdings in PIMCO Municipal Income Fund II $PML

Envestnet Asset Management Inc. raised its holdings in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 47.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 700,827 shares of the investment management company’s stock after purchasing an additional 226,712 shares during the quarter. Envestnet Asset Management Inc.’s holdings in PIMCO Municipal Income Fund II were worth $5,544,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of PIMCO Municipal Income Fund II by 101.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,894,894 shares of the investment management company’s stock valued at $22,899,000 after acquiring an additional 1,459,549 shares during the last quarter. Gill Capital Partners LLC raised its position in PIMCO Municipal Income Fund II by 1,138.7% during the third quarter. Gill Capital Partners LLC now owns 594,274 shares of the investment management company’s stock valued at $4,701,000 after purchasing an additional 546,299 shares during the period. Truist Financial Corp raised its position in PIMCO Municipal Income Fund II by 1,359.5% during the third quarter. Truist Financial Corp now owns 538,950 shares of the investment management company’s stock valued at $4,263,000 after purchasing an additional 502,023 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of PIMCO Municipal Income Fund II by 557.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 590,382 shares of the investment management company’s stock valued at $4,670,000 after purchasing an additional 500,639 shares during the last quarter. Finally, Williams & Novak LLC purchased a new position in shares of PIMCO Municipal Income Fund II in the 3rd quarter worth approximately $3,255,000.

PIMCO Municipal Income Fund II Price Performance

NYSE PML opened at $7.84 on Monday. The business’s 50 day moving average price is $7.65 and its 200-day moving average price is $7.65. PIMCO Municipal Income Fund II has a fifty-two week low of $7.10 and a fifty-two week high of $8.67.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 12th will be given a dividend of $0.0395 per share. The ex-dividend date is Thursday, February 12th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.