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 ROE as of September 2024 (TTM) for PIMCO New York Municipal Income Fund II (PNI) is 3.13%

According to PIMCO New York Municipal Income Fund II’s latest financial reports and current stock price. The company's current ROE is 3.13%. This represents a change of 95.83% compared to the average of 1.60% of the last 4 quarters.

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

How has PNI ROE performed in the past?

The mean historical ROE of PIMCO New York Municipal Income Fund II over the last ten years is -15.48%. The current 3.13% ROE has changed -120.24% with respect to the historical average. Over the past ten years (40 quarters), PNI's ROE was at its highest in in the June 2022 quarter at 11.24%. The ROE was at its lowest in in the March 2022 quarter at -8.95%.

Quarterly (TTM)
Annual

Average

-15.48%

Median

3.25%

Minimum

-193.17%

Maximum

9.31%

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

Discovering the peaks and valleys of PIMCO New York Municipal Income Fund II ROE, 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 = 692.82%

Maximum Annual ROE = 9.31%

Minimum Annual Increase = -6225.28%

Minimum Annual ROE = -193.17%

Quarterly (TTM)
Annual
YearROEChange
20237.46%-103.86%
2022-193.17%-5204.72%
20213.78%39.77%
20202.71%-70.91%
20199.31%-6225.28%
2018-0.15%-102.36%
20176.43%692.82%
20160.81%-85.22%
20155.49%119.74%
20142.50%-37.44%

PIMCO New York Municipal Income Fund II (PNI) Average ROE

How has PNI ROE performed in the past?

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

3-year avg

-60.64%

5-year avg

-33.98%

10-year avg

-15.48%

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

How is PNI’s ROE compared to its peers?

PIMCO New York Municipal Income Fund II’s ROE is less than PIMCO New York Municipal Income Fund III (3.43%), less than PIMCO New York Municipal Income Fund (9.18%), less than PIMCO California Municipal Income Fund III (4.58%), less than PIMCO Municipal Income Fund III (9.77%), less than PIMCO California Municipal Income Fund (9.92%),

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