PIMCO New York Municipal Income Fund II (NYSE:PNI – Get Free Report) fell 1.5% on Wednesday . The stock traded as low as $7.44 and last traded at $7.46. 61,119 shares changed hands during trading, an increase of 106% from the average session volume of 29,677 shares. The stock had previously closed at $7.57.
PIMCO New York Municipal Income Fund II Stock Performance
The company’s 50-day moving average price is $7.69 and its 200 day moving average price is $7.48.
PIMCO New York Municipal Income Fund II Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 11th will be given a dividend of $0.0295 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $0.35 annualized dividend and a yield of 4.75%.
Institutional Investors Weigh In On PIMCO New York Municipal Income Fund II
About PIMCO New York Municipal Income Fund II
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.
Featured Articles
- Five stocks we like better than PIMCO New York Municipal Income Fund II
- Insider Buying Explained: What Investors Need to Know
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- How to Calculate Inflation Rate
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- How to Use the MarketBeat Dividend Calculator
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for PIMCO New York Municipal Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO New York Municipal Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.