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

PIMCO Municipal Income Fund II (NYSE:PML) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Monday, July 13th will be paid a dividend of 0.0395 per share by the investment management company on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Monday, July 13th.

PIMCO Municipal Income Fund II Price Performance

NYSE PML opened at $7.65 on Thursday. The firm has a 50-day moving average price of $7.51 and a two-hundred day moving average price of $7.59. PIMCO Municipal Income Fund II has a 12-month low of $7.10 and a 12-month high of $8.01.

PIMCO Municipal Income Fund II Company Profile

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.