PIMCO Municipal Income Fund II (PML) To Go Ex-Dividend on September 11th

PIMCO Municipal Income Fund II (NYSE:PML) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be given a dividend of 0.0395 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Friday, September 11th.

PIMCO Municipal Income Fund II Trading Down 0.3%

Shares of NYSE PML opened at $7.21 on Thursday. PIMCO Municipal Income Fund II has a 12 month low of $7.20 and a 12 month high of $8.01. The company has a 50-day simple moving average of $7.43 and a 200-day simple moving average of $7.52.

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.