Sonya Morris, a director at PIMCO Municipal Income Fund II (NYSE: PML), completed a purchase of 5,000 common shares of the closed-end municipal bond fund on March 25, 2026. The shares were acquired at a per-share price of $7.4779, bringing the transaction value to roughly $37,389. After the trade, Morris directly holds 5,000 shares of the fund.
The purchase occurred as PML shares are trading near their 52-week low. The fund's 52-week low is reported at $7.10 and the most recent quoted share price is $7.35. Those price levels frame the context for Morris's purchase and provide a snapshot of current market pricing for the fund.
PIMCO Municipal Income Fund II has a market capitalization of $921 million. The fund is presenting investors with a dividend yield of 6.45% and the record shows that it has maintained dividend payments for 25 consecutive years. These metrics are part of the basic profile investors use to assess closed-end municipal income funds, and they are the facts available in the public reporting around this transaction.
For investors seeking further commentary or proprietary ideas, InvestingPro subscribers are noted to have access to over 10 additional exclusive tips regarding PML's investment potential. The reporting here is limited to the transaction details and fund-level statistics disclosed.
Summary of the transaction and fund facts:
- Buyer: Director Sonya Morris
- Security: Common shares of PIMCO Municipal Income Fund II (PML)
- Shares purchased: 5,000
- Purchase date: March 25, 2026
- Price per share: $7.4779
- Total consideration: Approximately $37,389
- Post-transaction direct ownership: 5,000 shares
- Current quoted share price: $7.35
- 52-week low: $7.10
- Market capitalization: $921 million
- Dividend yield: 6.45%
- Consecutive years of dividend payments: 25