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PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Globe Newswire (Mon, 2-Mar 4:42 PM ET)
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Globe Newswire (Mon, 2-Feb 5:32 PM ET)
The fund seeks current income exempt from federal income tax. Investing primarily in a portfolio of municipal bonds, the fund seeks to provide current income exempt from federal income tax. The fund normally invests at least 90% of its net assets (and at least 80% of its net assets plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax. It also seeks to be “AMT-free” by avoiding bonds generating interest that may subject individuals to the alternative minimum tax. The portfolio manager also aims to preserve and enhance the value of the fund’s holdings relative to the municipal bond market, generally, using proprietary analytical models that test and evaluate the sensitivity of those holdings to changes in interest rates and yield relationships.
Pimco Muni Income II trades on the NYSE stock market under the symbol PML.
As of March 24, 2026, PML stock price declined to $7.43 with 340,117 million shares trading.
PML has a beta of -0.06, meaning it tends to be less sensitive to market movements. PML has a correlation of 0.01 to the broad based SPY ETF.
PML has a market cap of $932.23 million. This is considered a Small Cap stock.
In the last 3 years, PML traded as high as $9.52 and as low as $6.92.
PML has underperformed the market in the last year with a return of -3.5%, while SPY returned +17.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PML shares. However, PML has outperformed the market in the last 3 month and 2 week periods, returning +0.9% and -2.5%, while SPY returned -4.8% and -3.4%, respectively. This indicates PML has been having a stronger performance recently.
PML support price is $7.46 and resistance is $7.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PML shares will trade within this expected range on the day.
