PIMCO New York Municipal Income Fund II (NYSE:PNI) Announces $0.03 Monthly Dividend

PIMCO New York Municipal Income Fund II (NYSE:PNIGet Free Report) announced a monthly dividend on Monday, April 1st, investing.com reports. Investors of record on Thursday, April 11th will be paid a dividend of 0.0295 per share on Wednesday, May 1st. This represents a $0.35 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Wednesday, April 10th.

PIMCO New York Municipal Income Fund II Stock Down 0.3 %

Shares of PNI opened at $7.36 on Wednesday. PIMCO New York Municipal Income Fund II has a one year low of $6.03 and a one year high of $7.89. The business has a fifty day moving average of $7.51 and a 200 day moving average of $7.12.

Institutional Trading of PIMCO New York Municipal Income Fund II

Several large investors have recently modified their holdings of the company. Rivernorth Capital Management LLC lifted its position in PIMCO New York Municipal Income Fund II by 28.3% during the second quarter. Rivernorth Capital Management LLC now owns 367,933 shares of the company’s stock valued at $2,793,000 after purchasing an additional 81,262 shares in the last quarter. Guggenheim Capital LLC lifted its position in PIMCO New York Municipal Income Fund II by 7.2% during the first quarter. Guggenheim Capital LLC now owns 229,834 shares of the company’s stock valued at $2,184,000 after purchasing an additional 15,339 shares in the last quarter. UBS Group AG lifted its position in PIMCO New York Municipal Income Fund II by 6.7% during the third quarter. UBS Group AG now owns 114,970 shares of the company’s stock valued at $738,000 after purchasing an additional 7,197 shares in the last quarter. Bank of America Corp DE lifted its position in PIMCO New York Municipal Income Fund II by 168.7% during the first quarter. Bank of America Corp DE now owns 60,516 shares of the company’s stock valued at $468,000 after purchasing an additional 37,992 shares in the last quarter. Finally, Logan Stone Capital LLC purchased a new position in PIMCO New York Municipal Income Fund II during the fourth quarter valued at $300,000.

PIMCO New York Municipal Income Fund II Company Profile

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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.

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Dividend History for PIMCO New York Municipal Income Fund II (NYSE:PNI)

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