PML News and Press, Pimco Municipal Income Fund II of Beneficial Interest From 07/07/22

PIMCO Municipal Income Fund II ( NYSE: PML ) had declared $0.059/share monthly dividend , in line with previous. Payable Aug. 1; for shareholders of record July 11; ex-div July 8. See PML Dividend Scorecard, Yield Chart, & Dividend Growth. For further det...

A sharp sell-off to start the year has pushed down municipal bond valuations and muni closed-end funds to discounts, presenting an attractive entry point for investors seeking tax-exempt income. Muni CEFs borrow money at short-term interest rates and invest the proceeds in muni bonds ...

We review CEF market valuation and performance through the first week of June and highlight recent market action. The CEF space was down marginally this week as the previously strong rally stalled. We discuss why we are less worried about relatively low distribution coverage in th...

I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are probably the two most popular when it comes to high-yields (PIMCO) and the sheer number...

PML has had a rough 2022, although in the short term it saw a swift bounce off its lows. With some positive momentum, this CEF could look like a buy. In truth, I do have a favorable outlook for munis as a whole right now. Yet, PML remains stuck on my avoid list. The duration level...

We had a neutral opinion on ATAX when we last covered it. We look at the company again after Q1-2022 and note how it can be an alternative to both mortgage REITs and Muni Bond funds. We tell our readers how we played it for an 11.57% yield. For further details see: Ameri...

We review CEF market valuation and performance through the third week of April and highlight recent market action. CEF NAVs had a tough week due to falls in both stocks and Treasuries, however, discount tightening partially offset the drop. We take a look at the recent rise in lev...

Rating agencies reported that upgrades outpaced downgrades in 2021. The decline in the stock market produced concern that pension funding may decline, and the rise in inflation may reduce benefits. The shorter bonds can be sold to take advantage of large outflows from mutual funds...

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 ...

Right now is one of the best times to get into what is typically thought of as the best-in-breed of the CEF world. Most of the funds are trading cheap thanks to the cut to three of the funds back in September. Investors are extrapolating those cuts to the rest of the taxables. But...