News headlines about Pimco Municipal Income Fund II (NYSE:PML) have been trending somewhat negative on Friday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pimco Municipal Income Fund II earned a coverage optimism score of -0.03 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 46.4038928623579 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Pimco Municipal Income Fund II (PML) traded down 0.15% during midday trading on Friday, reaching $13.28. The company’s stock had a trading volume of 84,347 shares. Pimco Municipal Income Fund II has a 1-year low of $11.57 and a 1-year high of $13.92. The company’s 50-day moving average price is $13.33 and its 200 day moving average price is $12.93.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.78 dividend on an annualized basis and a yield of 5.87%.
Pimco Municipal Income Fund II Company Profile
PIMCO Municipal Income Fund II (the Fund) 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 plus any borrowings for investment purposes) in municipal bonds that pay interest that is exempt from federal income tax.
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