Institutional Investors Are Buying Pimco Municipal Income Fund II (NYSE:PML)

Sentiment for Pimco Municipal Income Fund II (NYSE:PML)

Pimco Municipal Income Fund II (NYSE:PML) institutional sentiment increased to 0.95 in Q2 2018. Its up 0.01, from 0.94 in 2018Q1. The ratio is better, as 19 institutional investors increased and opened new equity positions, while 20 reduced and sold holdings in Pimco Municipal Income Fund II. The institutional investors in our partner’s database now own: 3.46 million shares, down from 3.68 million shares in 2018Q1. Also, the number of institutional investors holding Pimco Municipal Income Fund II in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 18 Increased: 9 New Position: 10.

PIMCO Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The company has market cap of $838.10 million. The fund is co-managed by Pacific Investment Management Company LLC. It has a 29.22 P/E ratio. It invests in fixed income markets.

The stock increased 1.43% or $0.19 during the last trading session, reaching $13.47. About 269,853 shares traded or 102.76% up from the average. PIMCO Municipal Income Fund II (NYSE:PML) has risen 0.30% since December 8, 2017 and is uptrending. It has underperformed by 15.32% the S&P500.

Selway Asset Management holds 2.02% of its portfolio in PIMCO Municipal Income Fund II for 251,500 shares. Alexandria Capital Llc owns 513,247 shares or 1.01% of their US portfolio. Moreover, Bank Of Stockton has 0.25% invested in the company for 34,943 shares. The Missouri-based Benjamin F. Edwards & Company Inc. has invested 0.08% in the stock. Hollencrest Capital Management, a California-based fund reported 22,580 shares.

More notable recent PIMCO Municipal Income Fund II (NYSE:PML) news were published by: Fool.com which released: “American International Group Inc (AIG) Q3 2018 Earnings Conference Call Transcript – Motley Fool” on November 01, 2018, also Seekingalpha.com with their article: “Everest Re Dented, But Not Permanently Damaged – Seeking Alpha” published on August 15, 2018, Seekingalpha.com published: “Distribution Coverage Sharply Down For Several PIMCO CEFs – Seeking Alpha” on February 16, 2017. More interesting news about PIMCO Municipal Income Fund II (NYSE:PML) were released by: Businesswire.com and their article: “Celltrion and Teva Announce FDA Approval of TRUXIMA┬« (rituximab-abbs), a Biosimilar to RITUXAN┬«, for Three Non-Hodgkin’s Lymphoma Indications – Business Wire” published on November 28, 2018 as well as Seekingalpha.com‘s news article titled: “Roche’s Ocrevus Survives First Brush With Brain Infection – Seeking Alpha” with publication date: May 31, 2017.

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