Pimco New York Municipal Income Fund II. (PNI) NEW YORK STOCK EXCHANGE INC.

$8.45 -0.19 (-2.20%)

Market Cap: $94.54M

As of 06/24/22 04:00 PM EDT. Market closed.

(PNI)

Pimco New York Municipal Income Fund II. (PNI) NEW YORK STOCK EXCHANGE INC.

$8.45 -0.19 (-2.20%)

Market Cap: $94.54M

As of 06/24/22 04:00 PM EDT. Market closed.

Pimco New York Municipal Income Fund II seeks to provide current income exempt from federal, New York State and New York City income tax. A tax-sensitive approach to investing can provide tangible advantages to investors seeking current income, especially those in higher tax brackets. Investing primarily in New York municipal bonds, the fund seeks to provide current income exempt from federal, ... read more

Pimco New York Municipal Income Fund II seeks to provide current income exempt from federal, New York State and New York City income tax. A tax-sensitive approach to investing can provide tangible advantages to investors seeking current income, especially those in higher tax brackets. Investing primarily in New York municipal bonds, the fund seeks to provide current income exempt from federal, New York State and New York City income tax. Under normal circumstances, the fund will invest at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income taxes (i.e., excluded from gross income for federal, New York State and New York City income tax purposes but not necessarily exempt from the federal alternative minimum tax). The fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The fund invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality (Baa or higher by Moody’s Investors Service, Inc. (“Moody’s) or BBB or better by S&P Global Ratings (“S&P”) or Fitch, Inc. (“Fitch”)), or bonds that are unrated but determined to be of comparable quality by PIMCO. The fund may invest up to 20% of its net assets in municipal bonds that are, at the time of investment, rated Ba/BB or B by Moody’s, S&P or Fitch or lower or that are unrated but judged to be of comparable quality by PIMCO. The portfolio manager also aims to preserve and enhance the value of the fund’s holdings relative to the municipal bond market, generally, using proprietary analytical models that test and evaluate the sensitivity of those holdings to changes in interest rates and yield relationships. PIMCO is qualified to respond to recent changes in the municipal bond market, with an extensive network of credit research capabilities to address concerns about creditworthiness, which is critical to municipal bond investing. Additionally, PIMCO has the market presence to provide access to the new issue and secondary markets. read less

COMPANY PROFILE
Sector
Finance and Insurance
Industry
Securities and Commodity Exchanges
URL
Address
84 State St, Massachusetts, Boston, 02109-2202.
Sector
Finance and Insurance
Industry
Securities and Commodity Exchanges
Address
84 State St, Massachusetts, Boston, 02109-2202.
PRICE CHART
1w
1m
3m
6m
YTD
1y
5y
MAX
From: To:
NEWS
KEY STATS
Open
$8.59
Previous Close
$8.64
Days Range
$8.45 - $8.61
52 week range
$8.30 - $11.78
Volume
49,595
Avg. Volume (30 days)
20,716
Market Cap
$94.54M
Dividend Yield
5.56%
P/E
-
Shares Outstanding
11,188,502
Open
$8.59
Previous Close
$8.64
Days Range
$8.45 - $8.61
52 week range
$8.30 - $11.78
Volume
49,595
Avg. Volume (30 days)
20,716
Market Cap
$94.54M
Dividend Yield
5.56%
P/E
-
Shares Outstanding
11,188,502

Open in: SeekingAlpha Yahoo Finance Fidelity MorningStar

Open in: SeekingAlpha Yahoo Finance Fidelity MorningStar

INSIDER TRANSACTIONS FOR PIMCO NEW YORK MUNICIPAL INCOME FUND II
Owner Relationship Date Transaction Cost # Shares Value($) Total Shares Form 4
Cogan Sarah E Director Jun 11, 2020 Buy $10.29 1,000 10,290 1,000 Jun 12, 2020, 06:28 PM
BUFFINGTON THOMAS MATTHEW Director Jan 29, 2020 Sale $22000.00 8 176,000 0 Jan 30, 2020, 05:02 PM
BANK OF AMERICA CORP /DE/ 10% Owner Aug 26, 2019 Buy $11.83 4,870 57,631 0 Aug 27, 2019, 02:04 PM
BANK OF AMERICA CORP /DE/ 10% Owner Aug 26, 2019 Buy $11.82 500 5,910 0 Aug 27, 2019, 02:04 PM
BANK OF AMERICA CORP /DE/ 10% Owner Aug 23, 2019 Sale $11.78 5,370 63,259 5,370 Aug 27, 2019, 02:04 PM
Buy Sale Option Exercise
Owner Relationship Date Value($)
Cogan Sarah E Director 06/11/2020 10,290
BUFFINGTON THOMAS MATTHEW Director 01/29/2020 176,000
BANK OF AMERICA CORP /DE/ 10% Owner 08/26/2019 57,631
BANK OF AMERICA CORP /DE/ 10% Owner 08/26/2019 5,910
BANK OF AMERICA CORP /DE/ 10% Owner 08/23/2019 63,259