Worthington Financial Partners LLC Invests $1.51 Million in PIMCO Municipal Income Fund II $PML

Worthington Financial Partners LLC bought a new position in PIMCO Municipal Income Fund II (NYSE:PML) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 200,362 shares of the investment management company’s stock, valued at approximately $1,511,000. PIMCO Municipal Income Fund II comprises about 1.3% of Worthington Financial Partners LLC’s portfolio, making the stock its 22nd biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its position in shares of PIMCO Municipal Income Fund II by 49.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 880,651 shares of the investment management company’s stock valued at $6,640,000 after purchasing an additional 290,269 shares during the period. Fiera Capital Corp increased its stake in PIMCO Municipal Income Fund II by 93.8% in the 3rd quarter. Fiera Capital Corp now owns 701,680 shares of the investment management company’s stock worth $5,550,000 after purchasing an additional 339,650 shares in the last quarter. Wakefield Asset Management LLLP raised its holdings in PIMCO Municipal Income Fund II by 103.4% during the 3rd quarter. Wakefield Asset Management LLLP now owns 213,025 shares of the investment management company’s stock worth $1,686,000 after buying an additional 108,295 shares during the period. Smith Moore & CO. acquired a new stake in PIMCO Municipal Income Fund II during the 3rd quarter worth about $1,447,000. Finally, Envestnet Asset Management Inc. raised its holdings in PIMCO Municipal Income Fund II by 47.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 700,827 shares of the investment management company’s stock worth $5,544,000 after buying an additional 226,712 shares during the period.

Insider Activity

In other news, Director Sonya Morris purchased 5,000 shares of PIMCO Municipal Income Fund II stock in a transaction that occurred on Wednesday, March 25th. The stock was acquired at an average price of $7.48 per share, for a total transaction of $37,400.00. Following the transaction, the director owned 5,000 shares in the company, valued at $37,400. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

PIMCO Municipal Income Fund II Stock Up 0.2%

PML stock opened at $7.57 on Friday. PIMCO Municipal Income Fund II has a one year low of $7.10 and a one year high of $8.01. The firm has a 50-day moving average of $7.51 and a two-hundred day moving average of $7.59.

PIMCO Municipal Income Fund II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.0395 per share. The ex-dividend date is Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II (NYSE: PML) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of municipal securities, including both investment-grade and below-investment-grade bonds issued by state and local governments, as well as other public entities. By focusing on the municipal market, the fund aims to offer tax-advantaged income to investors, particularly those in higher federal tax brackets.

The fund’s portfolio construction emphasizes rigorous credit analysis, sector diversification, and maturity management to balance income objectives with risk controls.