About Pimco Municipal Income Fund II
PIMCO Municipal Income Fund II is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from federal income tax. The Fund invests approximately 90% of its net assets (and over 80% of its net assets, as well as any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax. The Fund also seeks to be alternative minimum tax (AMT)-free by avoiding bonds generating interest that may subject individuals to the AMT. The Fund invests primarily in a portfolio of municipal bonds. The Fund invests in various states, such as California, New York, Texas, Arizona and Illinois. It invests in various sectors, including industrial development/pollution control, hospital, transportation, state/local government, tobacco, pre-refunded, lease, water and sewer, special tax, power, education and housing. Its investment manager is Pacific Investment Management Company LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: PML
Companies Related to Pimco Municipal Income Fund II:
- Previous Close: $12.60
- 50 Day Moving Average: $12.58
- 200 Day Moving Average: $12.84
- 52-Week Range: $11.57 - $14.08
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -1,258.00
- P/E Growth: 0.00
- Market Cap: $N/A
Consensus Ratings for Pimco Municipal Income Fund II (NYSE:PML) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Pimco Municipal Income Fund II (NYSE:PML)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Pimco Municipal Income Fund II (NYSE:PML)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Pimco Municipal Income Fund II (NYSE:PML)
Current Year EPS Consensus Estimate: $-0.01 EPS
Next Year EPS Consensus Estimate: $-0.01 EPS
Current Dividend Information for Pimco Municipal Income Fund II (NYSE:PML)
|Dividend Growth:||-2.90% (3 Year Average)|
|Payout Ratio:||-7,800.00% (Based on Current Year Consensus EPS Estimate)|
-7,800.00% (Based on Next Year Consensus EPS Estimate)
Dividend History for Pimco Municipal Income Fund II (NYSE:PML)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Pimco Municipal Income Fund II (NYSE:PML)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/10/2015||William B Iv Ogden||Director||Buy||4,600||$12.02||$55,292.00|| |
|8/8/2014||William H Gross||Insider||Buy||31,049||$11.75||$364,825.75|| |
|7/8/2014||William H Gross||Insider||Buy||64,144||$11.79||$756,257.76|| |
|6/25/2014||William H Gross||Insider||Buy||19,044||$11.99||$228,337.56|| |
|6/9/2014||William H Gross||Insider||Buy||8,200||$12.12||$99,384.00|| |
|5/13/2014||William H Gross||Insider||Buy||61,692||$11.93||$735,985.56|| |
|6/18/2013||William H Gross||Insider||Sell||72,000||$11.57||$833,040.00|| |
Latest Headlines for Pimco Municipal Income Fund II (NYSE:PML)
What is Pimco Municipal Income Fund II's stock symbol?
Pimco Municipal Income Fund II trades on the New York Stock Exchange (NYSE) under the ticker symbol "PML."
How often does Pimco Municipal Income Fund II pay dividends? What is the dividend yield for Pimco Municipal Income Fund II?
Pimco Municipal Income Fund II announced a monthly dividend on Thursday, February 2nd. Investors of record on Monday, February 13th will be paid a dividend of $0.065 per share on Wednesday, March 1st. This represents a $0.78 annualized dividend and a dividend yield of 6.20%. The ex-dividend date of this dividend is Thursday, February 9th.
How do I buy Pimco Municipal Income Fund II stock?
Shares of Pimco Municipal Income Fund II can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Pimco Municipal Income Fund II stock cost?
One share of Pimco Municipal Income Fund II stock can currently be purchased for approximately $12.58.
Pimco Municipal Income Fund II (NYSE:PML) Chart for Saturday, February, 25, 2017
Institutional Ownership ChartEarnings History ChartDividend History Chart