PIMCO New York Municipal Income Fund (PNI)
PIMCO New York Municipal Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $6.29, down 0.32% on the session, giving a market capitalisation of $150.2M. On trailing twelve-month figures it carries a trailing P/E of 5.57, a net margin of 162.4%. Its beta of 0.76 implies it has historically moved less than the broad market.
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 in the United States.
PIMCO New York Municipal Income Fund is most often compared with the following Financial Services names: