PIMCO Municipal Income Fund II (PML)
| Market Value | 533.01M |
| Revenue (ttm) | 46.27M |
| Net Income (ttm) | 11.35M |
| Shares Out | 66.46M |
| EPS (ttm) | 0.17 |
| PE Ratio | 46.95 |
| Forward PE | n/a |
| Dividend | $0.48 (5.99%) |
| Ex-Dividend Date | Dec 12, 2024 |
| Volume | 712,142 |
| Open | 8.05 |
| Previous Close | 8.03 |
| Day's Range | 7.96 - 8.12 |
| 52-Week Range | 7.96 - 9.52 |
| Beta | 0.66 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PML
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. It seeks to invest primarily in municipal bonds, variable rate notes, variable rate demand notes, and U.S. treasury bills. PIMCO Municipal Income Fund II was formed on June 28 2002 and is domiciled in United States. [Read more]
News
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
PIMCO CEF Update: Muni Coverage And The Premium Mystery
We take a look at the PIMCO CEFs coverage, valuation, and performance. Distribution coverage for PIMCO's Muni CEFs has surged, coinciding to the retirement of auction-rate preferreds, but the increase...
Pimco Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution f...
PML: The Macro-Environment Keeps Pressuring This Option
PIMCO Municipal Income Fund II is evaluated as an investment option at its current market price. The fund's income metrics are poor, and an income cut is likely. The discount to NAV looks tempting, bu...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution f...
Certain PIMCO Closed-End Funds Announce Tender Offers for Auction Rate Preferred Shares
NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income ...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 03, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
The Month In Closed-End Funds: March 2023
For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end,...
PML: We Still Need To Be Careful With Leverage
PML is a fund I own and recommended to start off the year. After some modest gains, I believe a more cautious tone is warranted. Munis saw an unusually strong January after an awful 2022. I expect the...
CEF Weekly Review: Unleveraged CEF Income Is Holding Up
We review CEF market valuation and performance through the first week of February and highlight recent market action. CEFs notched another good week with EM sectors underperforming.
PML: Why I Bought This Fund And Some Risks To The Bull Thesis
PIMCO disappointed investors with large distribution cuts to start the year across their muni CEFs. This resulted in painful losses - but also presents buying opportunities. PML often has a large prem...
Municipal Bond CEFs: Surprise, Surprise, PIMCO Finally Cuts Muni Bond CEF Distributions
It was only a matter of time. PIMCO's 3 national municipal bond CEFs were having some of the worst NAV performances of all muni bond CEFs over the past year. And yet, PIMCO had been maintaining their ...
Muni Bond CEFs: PIMCO Or Nuveen? The Choice Is Obvious In This Market Environment
I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are pr...
PML: Consistently Too Expensive To Consider
PML has had a rough 2022, although in the short term it saw a swift bounce off its lows. With some positive momentum, this CEF could look like a buy. In truth, I do have a favorable outlook for munis ...
PML: Keeping A Neutral Stance In Place For 2022
PML has performed modestly in the second half of the year. This was expected, and next year will probably see a repeat of this performance. The muni sector is an area I will remain long in 2022, but I...
More Relative Value Trades And Opportunities: Munis
The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively c...
PIMCO May Update - The Bottom Falls Out
Not much has changed in the last month since our April update except that coverage ratios plummeted during the month. A lot of that is due to currency moves. The dollar fell significantly against the ...