Sonya Morris Acquires 5,000 Shares of PIMCO Municipal Income Fund II (NYSE:PML) Stock

PIMCO Municipal Income Fund II (NYSE:PML) Director Sonya Morris acquired 5,000 shares of PIMCO Municipal Income Fund II stock in a transaction on Tuesday, July 21st. The stock was purchased at an average cost of $7.50 per share, for a total transaction of $37,500.00. Following the purchase, the director owned 10,000 shares in the company, valued at approximately $75,000. The trade was a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

PIMCO Municipal Income Fund II Stock Up 0.2%

Shares of NYSE PML traded up $0.02 during midday trading on Tuesday, reaching $7.33. 209,784 shares of the stock traded hands, compared to its average volume of 412,769. PIMCO Municipal Income Fund II has a one year low of $7.10 and a one year high of $8.01. The company’s 50 day moving average is $7.50 and its 200 day moving average is $7.58.

PIMCO Municipal Income Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 13th will be paid a dividend of $0.0395 per share. The ex-dividend date of this dividend is Monday, July 13th. This represents a c) dividend on an annualized basis and a yield of 6.5%.

Institutional Trading of PIMCO Municipal Income Fund II

A number of large investors have recently made changes to their positions in the business. Arkadios Wealth Advisors purchased a new stake in shares of PIMCO Municipal Income Fund II during the 1st quarter valued at about $8,240,000. Wagner Wealth Management LLC raised its position in PIMCO Municipal Income Fund II by 506.9% during the fourth quarter. Wagner Wealth Management LLC now owns 973,505 shares of the investment management company’s stock valued at $7,340,000 after purchasing an additional 813,093 shares during the period. Bank of America Corp DE raised its holdings in PIMCO Municipal Income Fund II by 155.6% during the 1st quarter. Bank of America Corp DE now owns 830,277 shares of the investment management company’s stock valued at $6,285,000 after buying an additional 505,452 shares during the period. Balyasny Asset Management L.P. bought a new position in PIMCO Municipal Income Fund II during the fourth quarter valued at $3,604,000. Finally, Van ECK Associates Corp raised its stake in shares of PIMCO Municipal Income Fund II by 141.8% in the third quarter. Van ECK Associates Corp now owns 791,672 shares of the investment management company’s stock valued at $6,262,000 after acquiring an additional 464,270 shares during the period.

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.