PIMCO Municipal Income Fund II (NYSE:PML – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 40,254 shares, a decrease of 48.2% from the December 31st total of 77,680 shares. Based on an average trading volume of 328,529 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 328,529 shares, the short-interest ratio is currently 0.1 days.
PIMCO Municipal Income Fund II Trading Up 0.5%
NYSE PML traded up $0.04 during trading hours on Friday, reaching $7.70. The company had a trading volume of 303,543 shares, compared to its average volume of 345,702. PIMCO Municipal Income Fund II has a 1-year low of $7.10 and a 1-year high of $8.67. The stock has a 50-day moving average of $7.61 and a 200 day moving average of $7.58.
PIMCO Municipal Income Fund II Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Tuesday, January 13th will be given a $0.0395 dividend. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, January 13th.
Institutional Inflows and Outflows
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.
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