PML

PIMCO Municipal Income Fund II

PML

Market cap $502M

Overview Fund Activity

7.55 USD

0.00

0%

At close Updated Sep 12, 4:00 PM EDT

1 day

0%

5 days

1.75%

1 month

5.3%

3 months

1.62%

6 months

-9.04%

Year to date

-7.7%

1 year

-18.11%

5 years

-43.49%

10 years

-36.29%

About: PIMCO Municipal Income Fund II is a closed-end management investment company. Its investment objective is to seek to provide current income exempt from federal income tax. The fund portfolio of investments consists of investments in different sectors such as education, healthcare, and others.

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

147% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 17

90% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 10

5% more funds holding

Funds holding: 97 [Q1] → 102 (+5) [Q2]

5% more capital invested

Capital invested by funds: $108M [Q1] → $113M (+$5.49M) [Q2]

2.83% more ownership

Funds ownership: 20.01% [Q1] → 22.84% (+2.83%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

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Financial journalist opinion

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Sept. 02, 2025 (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 for each Fund's common shares as summarized below.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Aug. 01, 2025 (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 for each Fund's common shares as summarized below.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PML: Discounted Valuation As A Result Of Weak Performance

PIMCO Municipal Income Fund II offers diversified, investment-grade municipal bond exposure with tax-exempt income, but is best suited for near-retirees seeking low-risk options. The fund's heavy leverage and weak dividend coverage make it vulnerable to prolonged high interest rates, suppressing both price and income potential. PML trades at a decade-high discount to NAV, presenting a potential entry point for those optimistic about near-term interest rate cuts.

PML: Discounted Valuation As A Result Of Weak Performance

PIMCO CEF Update: Falling Coverage And Key Secular Themes

PIMCO taxable CEFs face declining distribution coverage due to lower leverage. Premium valuations have deflated for some funds after distribution cuts, while PIMCO national Muni CEFs now offer better relative value. PIMCO expects a steeper yield curve and views credit valuations as fairly rich - echoing our sentiment.

PIMCO CEF Update: Falling Coverage And Key Secular Themes

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, July 01, 2025 (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 for each Fund's common shares as summarized below.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Announce Shareholder Approval of Issuance of Common Shares in Proposed Reorganizations

NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- At a joint special meeting earlier today, common shareholders of each of PIMCO Municipal Income Fund II (NYSE: PML), PIMCO New York Municipal Income Fund II (NYSE: PNI) and PIMCO California Municipal Income Fund (NYSE: PCQ) (each, an “Acquiring Fund”) approved the issuance of additional common shares in connection with each of the below reorganizations, as applicable (each, a “Merger” and collectively, the “Mergers”):

PIMCO Closed-End Funds Announce Shareholder Approval of Issuance of Common Shares in Proposed Reorganizations

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, June 02, 2025 (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 for each Fund's common shares as summarized below. The distributions are payable on July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, May 01, 2025 (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 for each Fund's common shares as summarized below. The distributions are payable on June 2, 2025 to shareholders of record on May 12, 2025, with an ex-dividend date of May 12, 2025.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

2 Monthly Tax-Free Income CEFs At Attractive Discounts

Looking for places to put capital to work as income investors leaves us with many choices, depending on what type of investor you are. Municipal bonds offer tax-free income, making them attractive for high-income earners looking to minimize tax obligations. Today, we are looking at two muni-bond-focused closed-end funds, one being leveraged and a virtually non-leveraged option.

2 Monthly Tax-Free Income CEFs At Attractive Discounts

PIMCO Closed-End Funds Announce Proposed Reorganizations

NEW YORK, April 04, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of each of the following funds has approved the following proposals to reorganize the PIMCO closed-end municipal funds (each, a “Merger” and collectively, the “Mergers”), subject to the various shareholder approvals and other contingencies described below:

PIMCO Closed-End Funds Announce Proposed Reorganizations

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