PML PIMCO MUNICIPAL INCOME FUND II Insider Trading

Director Morris Sonya buys 5,000 shares of PML at $7.48; stock now 10.5% below 52-week high

Morris Sonya, a director of PIMCO MUNICIPAL INCOME FUND II, acquired 5,000 shares at $7.48 on March 25, 2026, establishing an initial position in the fund. The purchase occurred at a price near the midpoint of the 52-week range ($7.11–$8.21) but the stock has since declined 10.5% from its 52-week high and 6.0% over the past 30 days, now trading at $7.35. The timing of the acquisition relative to subsequent price weakness—particularly the 6.0% decline in the 30-day window—provides limited evidence of favorable entry positioning. For a closed-end municipal income fund, director purchases may reflect conviction in the fund's strategy, but without prior holdings or broader context, this initial buy represents modest conviction and warrants continued observation of whether the director adds to the position.

BofA 10% holder buys 65 PML shares at $7.74, sells 65 at $7.63 same day—net zero position, minimal economic activity ($7.45 loss).

Bank of America Corp /DE/ executed 2 separate transactions in PIMCO Municipal Income Fund II on 2026-03-13: purchased 65 shares at $7.74 for $503.41 and sold 65 shares at $7.63 for $495.96. The matched volume and same-day execution left zero shares post-transaction, with a realized loss of $7.45. This buy-and-sell-on-same-day structure with identical share counts and offsetting holdings suggests administrative or regulatory necessity rather than discretionary market positioning. The current price of $7.64 lies between the transaction prices, offering no hindsight signal. Cross-ticker track record shows 10 prior buys with a 90-day win rate of 0.00% and 10 prior sells with a well-timed rate of 0.00%, indicating no pattern of consistent market timing by this filer across tickers.

Director Rappaport buys 2,819 shares of PML at $7.66; holdings rise 54.4% to 8,001 shares

Alan Rappaport, a director, purchased 2,819 shares at $7.66 on 2025-12-08, bringing his total holdings to 8,001 shares and representing a 54.4% increase from his pre-transaction position of 5,182 shares. The purchase occurred at a price 0.26% below the current market price of $7.64 and within the 52-week range of $7.11–$8.76, currently trading 12.8% below the 52-week high. Notably, Rappaport's cross-ticker track record shows 3 prior open-market buys with an average 90-day return of +9.2% and a 100.00% 90-day win rate, which provides context for his historical execution in similar discretionary transactions, though prior outcomes at other securities do not guarantee future performance in this municipal fund.

BofA 10% owner executes same-day paired buy-sell at PML: 111 shares bought at $7.34, sold at $7.46; position now zero

Bank of America Corp as a 10% owner executed 2 separate transactions in PIMCO Municipal Income Fund II on 2025-07-02: purchased 111 shares for $815.12 and sold 111 shares for $828.06, netting $12.94 gain. The paired buy-sell on the same day at a $0.12 per-share spread (approximately 1.6%), combined with the zero post-transaction holding, suggests a mechanical rebalancing or portfolio adjustment rather than a conviction-driven directional view. BofA's prior 5 same-ticker trades at PML all occurred 3 weeks earlier (2025-06-11, all sells), and the 52-week range of $7.29–$9.52 shows the current $7.43 price is 22.0% below the high, yet this transaction did not accumulate at that depressed level—it liquidated immediately after a brief purchase.

Bank of America (10% owner) purchased 30,448 shares of PML for $226.8K on 2025-06-11, net 12,240 shares after sales

Bank of America Corp executed 17 separate purchases totaling 30,448 shares at $7.45 on June 11, 2025, alongside 13 concurrent sales totaling 18,208 shares at prices near $7.42, netting an acquisition of 12,240 shares for the 10% owner position. The purchases and sales occurred on the same day at virtually identical prices ($7.45 vs $7.42), suggesting portfolio reallocation or adjustment rather than a discretionary conviction-driven move. The current price of $7.37 is -22.6% from the 52-week high of $9.52 and down 10.0% over the 90-day period, indicating the fund shares have depreciated significantly since acquisition. Bank of America's cross-ticker track record shows 19 prior buys against only 1 prior sell, establishing a strong historical bias toward accumulation, though this pattern does not directly explain today's same-day buy-and-sell activity in a municipal income closed-end fund.

Bank of America (10% owner) executed 2 buys & 2 sales totaling 201 shares in PIMCO Municipal Income Fund II (PML), exiting to zero holdings.

Bank of America filed 4 separate open-market transactions in PIMCO Municipal Income Fund II over a 20-day window: sold 1 share at $9.18 on 2024-10-11, bought 1 share at $9.14 on 2024-10-16, bought 200 shares at $8.84 on 2024-10-30, and sold 200 shares at $8.88 on 2024-10-31. The net result is complete liquidation to 0 shares post-transaction, with net proceeds of $8.04 across 201 total shares (2 purchases totaling 201 for $1,777.14 versus 2 sales totaling 201 for $1,785.18). The stock has declined 15.8% from its 52-week high of $9.52 and fallen 7.0% over the past 30 days, suggesting the liquidation occurred in a weakening market. Bank of America's cross-ticker track record shows modest historical returns—12 prior buys averaging -2.4% return within 30 days and 8 prior sells averaging -1.8% 30-day return—indicating no material predictive edge in this insider's timing patterns. The small dollar magnitude ($1.8K total) and full exit suggest housekeeping of a minor position rather than a high-conviction capital allocation decision.