PIMCO Municipal Income Fund II (NYSE:PML) Plans Monthly Dividend of $0.04

by · The Cerbat Gem

PIMCO Municipal Income Fund II (NYSE:PML – Get Free Report) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.0395 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, February 12th.

PIMCO Municipal Income Fund II Stock Up 0.2%

Shares of PML stock opened at $7.72 on Tuesday. The company has a 50 day moving average price of $7.61 and a 200 day moving average price of $7.59. PIMCO Municipal Income Fund II has a one year low of $7.10 and a one year high of $8.67.

PIMCO Municipal Income Fund II Company Profile

(Get Free Report)

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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