Bank of America disclosed two transactions involving PIMCO Municipal Income Fund II (ticker: PML) executed on March 13, 2026. In the first reported trade, the firm sold 65 common shares of the fund at an execution price of $7.6302 per share, producing proceeds of $495. In a separate transaction recorded the same day, Bank of America purchased an identical quantity of shares - 65 - at a price of $7.7447 per share, for an outlay of $503.
The most recent market quote for the fund is $7.63 per share. The fund is shown as offering a current dividend yield of 6.22%. Additional data reported include a consecutive dividend payment record spanning 25 years and a price sensitivity measure, with PML carrying a beta of 0.76, which indicates lower price volatility relative to a beta of 1. The fund's 52-week trading band runs from $7.10 at the low end to $8.24 at the high end.
These transactions and the accompanying fund metrics provide a snapshot of a modest trading activity involving a closed-end municipal income vehicle. The sale and purchase quantities were equal, and the gross dollar values were small in absolute terms. No further detail about motives, broader position changes, or other trades was provided in the transaction notices.
Data points from the transactions
- Sale: 65 shares at $7.6302, total value $495.
- Purchase: 65 shares at $7.7447, total value $503.
- Latest trade price: $7.63; dividend yield: 6.22%.
- Dividend history: 25 consecutive years of payments.
- Volatility metric: beta of 0.76; 52-week range: $7.10 to $8.24.
The available information is limited to the executed quantities, prices, and the fund-level metrics noted above. There is no additional commentary in the transaction disclosures explaining the reasoning behind the buy or sell orders.