PIMCO New York Municipal Income Fund II (NYSE:PNI – Get Free Report) announced a monthly dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be paid a dividend of $0.0295 per share on Monday, November 2nd. This represents a $0.35 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Tuesday, October 13th.
PIMCO New York Municipal Income Fund II Stock Performance
NYSE:PNI opened at $6.15 on Friday. The stock’s 50-day moving average is $6.68 and its 200-day moving average is $6.87. PIMCO New York Municipal Income Fund II has a 1-year low of $6.07 and a 1-year high of $7.20.
Institutional Trading of PIMCO New York Municipal Income Fund II
Large investors have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new position in shares of PIMCO New York Municipal Income Fund II in the 1st quarter worth $52,000. Beacon Pointe Advisors LLC bought a new stake in PIMCO New York Municipal Income Fund II during the 2nd quarter valued at $75,000. Maltin Wealth Management Inc. bought a new stake in PIMCO New York Municipal Income Fund II during the 1st quarter valued at $150,000. Noble Wealth Management PBC acquired a new position in PIMCO New York Municipal Income Fund II during the second quarter worth $157,000. Finally, Catalina Capital Group LLC acquired a new position in PIMCO New York Municipal Income Fund II during the first quarter worth $180,000.
PIMCO New York Municipal Income Fund II Company Profile
PIMCO New York Municipal Income Fund II (NYSE: PNI) is a closed-end investment fund managed by Pacific Investment Management Company LLC (PIMCO). The fund seeks to provide high current income that is exempt from regular federal income tax and New York State and New York City personal income taxes.
The fund invests primarily in municipal debt obligations issued by New York State, its agencies and municipalities, as well as other public-sector entities. Its portfolio may include tax-exempt bonds used to finance infrastructure, education, transportation, utilities and other public projects.
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