Wealth Enhancement Advisory Services LLC Purchases New Position in PIMCO Municipal Income Fund II $PML

Wealth Enhancement Advisory Services LLC acquired a new position in shares of PIMCO Municipal Income Fund II (NYSE:PML) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 217,663 shares of the investment management company’s stock, valued at approximately $1,706,000.

A number of other large investors have also modified their holdings of PML. Comerica Bank raised its holdings in shares of PIMCO Municipal Income Fund II by 49.7% during the 1st quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock valued at $35,000 after buying an additional 1,446 shares during the period. ACT Advisors LLC. purchased a new stake in shares of PIMCO Municipal Income Fund II during the third quarter valued at approximately $83,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of PIMCO Municipal Income Fund II during the third quarter worth $91,000. Beacon Pointe Advisors LLC purchased a new position in shares of PIMCO Municipal Income Fund II in the second quarter valued at $93,000. Finally, Jane Street Group LLC acquired a new stake in PIMCO Municipal Income Fund II during the 2nd quarter valued at $101,000.

PIMCO Municipal Income Fund II Stock Up 0.5%

PIMCO Municipal Income Fund II stock opened at $7.70 on Friday. PIMCO Municipal Income Fund II has a 12-month low of $7.10 and a 12-month high of $8.67. The firm’s fifty day moving average price is $7.61 and its 200 day moving average price is $7.58.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Tuesday, January 13th will be paid a $0.0395 dividend. The ex-dividend date is Tuesday, January 13th. This represents a c) annualized dividend and a dividend yield of 6.2%.

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.