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Stock impact report

PML: Munis Bonds At A Discount Make A Lot Of Sense Right Now [Seeking Alpha]

Pimco Municipal Income Fund II Common Shares of Beneficial Interest (PML) 
Company Research Source: Seeking Alpha
I view recent underperformance as an opportunity, with PML lagging cash but offering value amid strong muni sector fundamentals. Elevated equity valuations and lack of war premium in stocks support a defensive allocation to munis like PML. PML invests primarily in investment-grade municipal bonds, aiming for income exempt from regular federal taxes. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Tim Robberts/DigitalVision via Getty Images Main Thesis & Background The purpose of this article is to evaluate the PIMCO Municipal Income Fund II ( PML ) as an investment option at its current market price. This fund's objective is to invest "at least 90% of its net More on my IG service Consider the Income Lab This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position Show less Read more
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