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Pimco Municipal Income Fund II of Beneficial Interest (PML)

$6.88

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Key data on PML

AUM

$456945651

P/E ratio

--

Dividend yield

6.7234%

Expense ratio

4.81%

Beta

0.715213

Price on PML

Previous close

$6.87

Today's open

$6.84

Day's range

$6.83 - $6.89

52 week range

$6.39 - $7.96

Profile about PML

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Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

PML industries and sectors

Bonds

Domestic

Municipal

News on PML

PML: I Can Admit When I'm Wrong, Leverage Is Hurting This Fund (Rating Downgrade)

PIMCO Municipal Income Fund II targets tax-exempt municipal bonds, focusing on investment-grade quality for high-income investors. I previously favored PML for its high yield and discount to NAV, expecting price appreciation, but the market did not agree. I remain constructive on the municipal bond space, especially for investors in higher tax brackets. However, I don't see this as the right way to play it.

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Seeking Alpha • Oct 28, 2026

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PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. For the following Funds, the distributions are payable on November 2, 2026 to shareholders of record on October 13, 2026, with an ex-dividend date of October 13, 2026: Monthly Distribution Per Share Fund NYSE Symbol Amount Change From Previous Month Percentage Change.

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Business Wire • Oct 1, 2026

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Your Muni Income Is Invisible to One Tax Break and Fatal to Another

If you own the iShares National Muni Bond ETF (NYSEARCA:MUB), you likely bought it for one reason: federally tax-exempt income at a rock-bottom price.

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24/7 Wall Street • Aug 20, 2026

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3 Big, Tax-Free Dividends To Anchor Your Tech Gains

Investors are flipping back into buy mode, which has been a boon to the equity funds—especially on the tech side.

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Forbes • May 12, 2026

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PML: Munis Bonds At A Discount Make A Lot Of Sense Right Now

PIMCO Municipal Income Fund II remains a 'buy' due to its current discount to NAV and attractive tax-exempt income. I view recent underperformance as an opportunity, with PML lagging cash but offering value amid strong muni sector fundamentals. Elevated equity valuations and lack of war premium in stocks support a defensive allocation to munis like PML.

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Seeking Alpha • Apr 17, 2026

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PIMCO Closed-end Funds Declare Monthly Common Share Distributions

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. For the following Funds, the distributions are payable on May 1, 2026 to shareholders of record on April 13, 2026, with an ex-dividend date of April 13, 2026: Monthly Distribution Per Share Fund NYSE Symbol Amount Change From Previous Month Percentage Change From Pre.

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Business Wire • Apr 1, 2026

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Closed-End Funds: Screening For The Best Municipal Bond Exposure

Municipal bond closed-end funds (CEFs) are seeing narrowing discounts, with NXP and MHF offering the most compelling value in the space at present. Leverage costs are easing as the Fed cuts rates, which should improve distribution coverage and make leveraged muni CEFs more attractive. Of course, there are always risks that include increased volatility from leverage and sensitivity to long-term Treasury rates, but we've seen long-term rate stabilization within a fairly narrow range.

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Seeking Alpha • Feb 4, 2026

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PML - After We Correct For Return Of Capital A Middling Performance

PIMCO Municipal Income Fund II (PML) is a standard, diversified municipal bond closed-end fund, with middling-to-high credit quality and moderate tenor exposure. PML's headline yield is inflated by return of capital; after adjustment, the real income yield is approximately 4.2%, which is unremarkable versus alternatives. The fund's strategy emphasizes safety and tax-free income, but avoids the unrated or lower-rated muni bonds that may offer superior risk-adjusted returns.

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Seeking Alpha • Dec 16, 2025

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Pimco Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

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GlobeNewsWire • Dec 1, 2025

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PML: Offering Multi-State Muni Exposure At A Reasonable Price

A recent merger headwind for PML is now resolved, potentially improving the fund's outlook going forward. The muni sector has plenty of short-term momentum, and PML has participated in that. That could continue going forward. The fund invests primarily in investment-grade municipal bonds, aiming for income exempt from regular federal income taxes.

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Seeking Alpha • Sep 25, 2025

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