PIMCO New York Municipal Income Fund II

PIMCO New York Municipal Income Fund IIverified

PNI

Price:

$7.86

Market Cap:

$88.10M

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax. It also invests in New York variable rate notes, New York variable rate demand notes, and U.S. treasury bills. The fund employs proprietary analytical models to make its investments. PIMCO New York Municipal Income Fund II was formed on March 29, 2002 and is domiciled i...[Read more]

Industry

Asset Management - Income

IPO Date

2002-06-26

Stock Exchange

NYSE

Ticker

PNI

The Dividend Yield as of September 2024 (TTM) for PIMCO New York Municipal Income Fund II (PNI) is 4.51%

According to PIMCO New York Municipal Income Fund II’s latest financial reports and current stock price. The company's current Dividend Yield is 4.51%. This represents a change of 343.24% compared to the average of 1.02% of the last 4 quarters.

PIMCO New York Municipal Income Fund II (PNI) Historical Dividend Yield (quarterly & annually)

How has PNI Dividend Yield performed in the past?

The mean historical Dividend Yield of PIMCO New York Municipal Income Fund II over the last ten years is 2.85%. The current 4.51% Dividend Yield has changed 58.07% with respect to the historical average. Over the past ten years (40 quarters), PNI's Dividend Yield was at its highest in in the December 2022 quarter at 4.07%. The Dividend Yield was at its lowest in in the May 2013 quarter at 0%.

Quarterly (TTM)
Annual

Average

2.85%

Median

2.10%

Minimum

0%

Maximum

7.30%

PIMCO New York Municipal Income Fund II (PNI) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of PIMCO New York Municipal Income Fund II Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 7.30%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20230%-100.00%
20227.30%74.04%
20214.19%-14.39%
20204.90%-5.52%
20195.18%-25.53%
20186.96%Infinity%
20170%0%
20160%0%
20150%0%
20140%0%

PIMCO New York Municipal Income Fund II (PNI) Average Dividend Yield

How has PNI Dividend Yield performed in the past?

The current Dividend Yield of PIMCO New York Municipal Income Fund II (PNI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.83%

5-year avg

4.31%

10-year avg

2.85%

PIMCO New York Municipal Income Fund II (PNI) Dividend Yield vs. Peers

How is PNI’s Dividend Yield compared to its peers?

PIMCO New York Municipal Income Fund II’s Dividend Yield is less than PIMCO New York Municipal Income Fund III (4.77%), less than PIMCO New York Municipal Income Fund (4.90%), less than PIMCO California Municipal Income Fund III (4.73%), less than PIMCO Municipal Income Fund III (4.83%), less than PIMCO California Municipal Income Fund (4.34%),

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How does the current Dividend Yield for PIMCO New York Municipal Income Fund II (PNI) compare to its historical average?