PIMCO Municipal Income Fund II (PML) to Issue Monthly Dividend of $0.04 on May 1st

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Wednesday, April 1st. Shareholders of record on Monday, April 13th will be given a dividend of 0.0395 per share by the investment management company on Friday, May 1st. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date is Monday, April 13th.

PIMCO Municipal Income Fund II Stock Performance

PML opened at $7.59 on Friday. PIMCO Municipal Income Fund II has a 1-year low of $7.10 and a 1-year high of $8.01. The firm has a 50-day moving average price of $7.67 and a two-hundred day moving average price of $7.71.

Insider Activity at PIMCO Municipal Income Fund II

In other news, Director Sonya Morris bought 5,000 shares of the stock in a transaction dated Wednesday, March 25th. The stock was bought at an average cost of $7.48 per share, with a total value of $37,400.00. Following the purchase, the director owned 5,000 shares of the company’s stock, valued at approximately $37,400. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Investors Weigh In On PIMCO Municipal Income Fund II

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Worthington Financial Partners LLC acquired a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at $1,511,000. Virtu Financial LLC acquired a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at $1,112,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at $59,000. XTX Topco Ltd acquired a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at $360,000. Finally, Readystate Asset Management LP acquired a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at $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.