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

PIMCO Municipal Income Fund II (NYSE:PMLGet Free Report) declared a monthly dividend on Thursday, February 1st, investing.com reports. Shareholders of record on Monday, February 12th will be given a dividend of 0.0395 per share by the investment management company on Friday, March 1st. This represents a $0.47 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend is Friday, February 9th.

PIMCO Municipal Income Fund II Stock Up 1.7 %

NYSE PML opened at $8.61 on Wednesday. The company has a fifty day moving average of $8.29 and a two-hundred day moving average of $8.18. PIMCO Municipal Income Fund II has a 52 week low of $6.92 and a 52 week high of $9.69.

Institutional Trading of PIMCO Municipal Income Fund II

A number of large investors have recently made changes to their positions in the stock. Moors & Cabot Inc. boosted its stake in shares of PIMCO Municipal Income Fund II by 7.1% during the first quarter. Moors & Cabot Inc. now owns 15,000 shares of the investment management company’s stock valued at $173,000 after purchasing an additional 1,000 shares during the period. Captrust Financial Advisors raised its holdings in shares of PIMCO Municipal Income Fund II by 2.9% in the second quarter. Captrust Financial Advisors now owns 53,205 shares of the investment management company’s stock valued at $481,000 after acquiring an additional 1,500 shares in the last quarter. Arlington Capital Management Inc. raised its holdings in shares of PIMCO Municipal Income Fund II by 12.4% in the first quarter. Arlington Capital Management Inc. now owns 22,268 shares of the investment management company’s stock valued at $209,000 after acquiring an additional 2,465 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of PIMCO Municipal Income Fund II by 27.3% in the second quarter. Kestra Advisory Services LLC now owns 15,470 shares of the investment management company’s stock valued at $140,000 after acquiring an additional 3,318 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of PIMCO Municipal Income Fund II by 22.0% in the fourth quarter. Cerity Partners LLC now owns 20,208 shares of the investment management company’s stock valued at $183,000 after acquiring an additional 3,647 shares in the last quarter.

PIMCO Municipal Income Fund II Company Profile

(Get Free Report)

PIMCO Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets. The fund invests in stocks of companies operating across diversified sectors.

Further Reading

Dividend History for PIMCO Municipal Income Fund II (NYSE:PML)

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