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home / news releases / pml keeping a neutral stance in place for 2022

PML - PML: Keeping A Neutral Stance In Place For 2022

Pimco Municipal Income Fund II of Beneficial Interest
  • PML has performed modestly in the second half of the year. This was expected, and next year will probably see a repeat of this performance.
  • The muni sector is an area I will remain long in 2022, but I have reduced my exposure because of the duration risk clouding the outlook.
  • PML still trades at a hefty premium. This makes me cautious, especially when other PIMCO options exist at much cheaper prices.

For further details see:

PML: Keeping A Neutral Stance In Place For 2022
Stock Information
Company Name: Pimco Municipal Income Fund II of Beneficial Interest
Stock Symbol: PML
Market: NYSE
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