PIMCO Municipal Income Fund II $PML Shares Purchased by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP raised its stake in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 103.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 213,025 shares of the investment management company’s stock after buying an additional 108,295 shares during the quarter. Wakefield Asset Management LLLP’s holdings in PIMCO Municipal Income Fund II were worth $1,686,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Comerica Bank raised its holdings in shares of PIMCO Municipal Income Fund II by 49.7% in the first quarter. Comerica Bank now owns 4,353 shares of the investment management company’s stock worth $35,000 after acquiring an additional 1,446 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of PIMCO Municipal Income Fund II by 6.7% during the second quarter. Bank of Montreal Can now owns 28,120 shares of the investment management company’s stock valued at $209,000 after acquiring an additional 1,767 shares during the last quarter. RFG Advisory LLC increased its position in PIMCO Municipal Income Fund II by 13.5% during the 3rd quarter. RFG Advisory LLC now owns 17,002 shares of the investment management company’s stock worth $134,000 after purchasing an additional 2,026 shares in the last quarter. Cetera Investment Advisers increased its position in PIMCO Municipal Income Fund II by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 251,456 shares of the investment management company’s stock worth $1,873,000 after purchasing an additional 2,189 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its stake in PIMCO Municipal Income Fund II by 1.7% in the 3rd quarter. Koshinski Asset Management Inc. now owns 144,234 shares of the investment management company’s stock valued at $1,141,000 after purchasing an additional 2,359 shares during the last quarter.

PIMCO Municipal Income Fund II Stock Performance

NYSE:PML opened at $7.73 on Wednesday. PIMCO Municipal Income Fund II has a 12-month low of $7.10 and a 12-month high of $8.44. The company’s 50-day moving average is $7.71 and its two-hundred day moving average is $7.70.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th will be given a $0.0395 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 12th.

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.