PIMCO New York Municipal Income Fund (PNF)
PIMCO New York Municipal Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $6.80, up 0.96% on the session, giving a market capitalisation of $53.5M. On trailing twelve-month figures it carries a trailing P/E of -56.71, a net margin of 145.0%. Its beta of 0.80 implies it has historically moved less than the broad market.
The PIMCO New York Municipal Income Fund operates as a closed-end mutual fund, established and primarily overseen by Allianz Global Investors Fund Management LLC, with co-management responsibilities held by Pacific Investment Management Company LLC. This fund is dedicated to the fixed income market, concentrating its investments overwhelmingly in municipal securities. Its portfolio spans various municipal sectors, encompassing obligations from areas such as hospitals, water and sewer infrastructure, tobacco settlements, state and local general obligations, educational institutions, lease agreements, tax-backed projects, and power generation. The fund's inception date was June 29, 2001, and it is based in the United States.
PIMCO New York Municipal Income Fund is most often compared with the following Financial Services names: