Pimco Municipal Income Fund II Stock News

AdvisorNet Financial Inc boosted its position in PIMCO Municipal Income Fund II (NYSE:PML) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,380 shares of the investment management companys stock after buying an additional 1,000 shares during the []

City Holding Co. lifted its holdings in shares of PIMCO Municipal Income Fund II (NYSE:PML) by 220.4% during the 3rd quarter, Holdings Channel reports. The firm owned 14,537 shares of the investment management companys stock after purchasing an additional 10,000 shares during the quarter. City Holding Co.s holdings in PIMCO Municipal Income Fund II were []

We review CEF market valuation and performance over the past week and highlight recent events. CEF prices stalled in July on the back of lower risk sentiment driving discounts wider.

The muni CEF sector has continued to rally this year due to the resilience of municipal bond yields and tight CEF discounts.

The disparity among PIMCO tax-exempt muni CEFs remains large. Apart from lower income yields, greater susceptibility to distribution cuts and larger drawdown potential, the ongoing consolidation wave

PML's return has been flat over the past 3 1/2 months since my last review. The fund still has a very expensive price, which makes buying in now seem like a risky proposition.

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The swift run-up in asset prices and CEF discounts suggests that easy gains from beta exposure are going to be harder to come by going forward. This dynamic points to alpha strategies as a way to keep

PML has seen a very impressive short term gain, as its underlying value and premium to NAV on the open market both climb. With a Covid-19 relief bill likely to pass, investors should note a good porti

PMX: Be Careful Not To Overpay For Munis Right Now

Coverage rebounded in September as the dollar rallied off the interim lows. We take a hard look at what the dollar is doing so far in October to forecast ratios. The PIMCO muni funds look fundamentall

Another reason for muni bonds' popularity? Low interest rates.

PML has seen a double-digit loss since January, even after accounting for distributions. While the fund is noticeably cheaper than it was at the start of the year, it still sports a double-digit premi