15,000 Shares in PIMCO Municipal Income Fund II (NYSE:PML) Purchased by Selway Asset Management

Selway Asset Management acquired a new stake in shares of PIMCO Municipal Income Fund II (NYSE:PML) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 15,000 shares of the investment management company’s stock, valued at approximately $121,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingsview Wealth Management LLC purchased a new stake in shares of PIMCO Municipal Income Fund II in the 4th quarter valued at approximately $88,000. Permanent Capital Management LP acquired a new stake in PIMCO Municipal Income Fund II during the 4th quarter valued at $90,000. Wolverine Asset Management LLC purchased a new stake in shares of PIMCO Municipal Income Fund II in the fourth quarter valued at $92,000. Noble Wealth Management PBC acquired a new stake in shares of PIMCO Municipal Income Fund II in the fourth quarter worth $105,000. Finally, Natural Investments LLC purchased a new position in shares of PIMCO Municipal Income Fund II during the fourth quarter valued at $195,000.

PIMCO Municipal Income Fund II Price Performance

NYSE:PML opened at $8.13 on Thursday. PIMCO Municipal Income Fund II has a 1-year low of $7.94 and a 1-year high of $9.52. The business’s fifty day moving average price is $8.35 and its 200 day moving average price is $8.59.

PIMCO Municipal Income Fund II Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 13th were given a $0.0395 dividend. This represents a $0.47 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date of this dividend was Thursday, March 13th.

PIMCO Municipal Income Fund II Company Profile

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.